Reported about 9 hours ago
Spotify is set to announce its third-quarter earnings, with analysts predicting increased revenue and user growth despite recent profit margin pressures from new music-label agreements. The company's stock has risen about 70% in the past year, buoyed by price hikes and cost management, although margins are expected to dip slightly due to regulatory charges and rising content costs. CEO Daniel Ek's planned transition to executive chairman adds another layer of change as investors weigh the potential for a US price increase in the coming quarters.
Source: YAHOO