Spotify Technology Q2 2024 GAAP EPS €1.33 Beats €1.08 Estimate, Sales €3.807B Miss €3.812B Estimate
Portfolio Pulse from Benzinga Newsdesk
Spotify Technology reported its Q2 2024 earnings with a GAAP EPS of €1.33, beating the estimate of €1.08. However, its sales of €3.807 billion slightly missed the estimate of €3.812 billion.
July 23, 2024 | 10:05 am
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Spotify Technology's Q2 2024 earnings report shows a mixed performance with a GAAP EPS of €1.33 beating estimates, but sales of €3.807 billion missing slightly.
The mixed earnings report for Spotify Technology, with EPS beating estimates but sales missing slightly, is likely to result in a neutral short-term impact on the stock price. Investors may weigh the positive EPS against the slight sales miss.
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