Spotify Technology (NYSE:SPOT) reported its Q1 earnings results on Wednesday, April 27, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Spotify Technology reporting an EPS of $0.24.
Revenue was up $398.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.24 which was followed by a 16.76% drop in the share price the next day.
Here's a look at Spotify Technology's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.48 | -0.22 | -0.45 | -0.48 |
| EPS Actual | -0.24 | -0.48 | -0.23 | -0.30 |
| Revenue Estimate | 3.00B | 2.85B | 2.72B | 2.58B |
| Revenue Actual | 3.08B | 2.95B | 2.81B | 2.59B |
To track all earnings releases for Spotify Technology visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
