LIVE: Here comes Spotify's first ever earnings report

Advertisement
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

Advertisement

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:

  • 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.

Visit Markets Insider for constantly updated market quotes for individual stocks, ETFs, indices, commodities and currencies traded around the world. Go Now!

Advertisement

{{}}