LIVE: Here comes Spotify's first ever earnings report

LIVE: Here comes Spotify's first ever earnings report

NEW YORK, NY - MARCH 15: Founder and Chief Executive Officer of Spotify Daniel Ek speaks onstage during Spotify Investor Day at Spring Studios on March 15, 2018 in New York City.

Ilya S. Savenok/Getty Images/Spotify

Spotify CEO Daniel Ek


Spotify is set to announce its first-quarter results Wednesday after the bell, its premier report as a public company following its direct IPO last month.

Here's what what Wall Street analysts are expecting from the streaming music company, on average:

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  • Revenue: $1.14 billion. In the first quarter a year ago, Spotify posted $902 million in sales.
  • EPS (GAAP): A loss of 23 cents a share. In the same period a year earlier, the company lost $1.15 a share.

We'll be updating this report with Spotify's actual results when they come in. Hit refresh or click here for the latest updates.

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