Lucros do Spotify (SPOT) no terceiro trimestre de 3
shares closed 10% higher on Tuesday after the company reported a surprise profit for the third quarter — its first quarterly profit in a year and a half — as price increases and cost-cutting measures took hold. The companys stock has more than doubled so far this year, giving it a market value of $33.22 billion. The Swedish music streaming giant posted a profit of 65 million euros ($68.9 million), driven by “lower marketing spend and lower personnel costs and related costs.” Earlier this year, Spotify laid off 200 people, or 2% of its workforce, as part of a strategic change in its podcasting unit. Heres how the company performed in the three months ended Sept. 30, compared with what Wall Street expected: Lucro por ação: 33 euro cents vs. a loss of 22 euro cents expected, according to LSEG, formerly known as Refinitiv Receita: 3.36 billion euros vs. 3.33 billion euros expected, according to LSEG Assinantes premium: 226 million vs. 224 million, according to StreetAccount Spotify raised the prices of its subscription plans earlier this year, increasing the monthly bill for users anywhere from $1 to $2, depending on the plan. In its third-quarter earnings report, Spotify said “the early effects of price increases” were partially