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Spotify:Quarterly Results/2024 Q2: Difference between revisions
Spotify:Quarterly Results/2024 Q2 (view source)
Revision as of 10:09, 11 November 2024
, 11 November 2024→Revenue, gross margin and net income
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* Analyst Doug Anmuth pointed out that Spotify said in the investor day (2022) that it targets to grow revenue by 20% in the next one to three years. | * Analyst Doug Anmuth pointed out that Spotify said in the investor day (2022) that it targets to grow revenue by 20% in the next one to three years. | ||
* Another thing that is boosting gross margin is how they are optimizing the payment fees and traffic costs with their payment service partners. | * Another thing that is boosting gross margin is how they are optimizing the payment fees and traffic costs with their payment service partners. | ||
* '''Daniel EK said in the Q&A that they still target 35% gross margin over the long-term. "That is still very much top of mind for myself and the team," he said.''' | |||
=== Products === | === Products === | ||