Tune Into The Next Big Thing: Ads - Reiterating Buy On Spotify
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Spotify has reported its first-ever profitable year, surpassing expectations on Monthly Active Users (MAUs) for the quarter. The company is expected to see further growth due to the migration of users from TikTok.
February 11, 2025 | 11:45 am
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Spotify has achieved its first profitable year, exceeding expectations on MAUs. The company is poised for further growth due to user migration from TikTok.
Spotify's profitability and MAU beat indicate strong performance. The potential influx of users from TikTok suggests further growth, making SPOT a favorable buy.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100