{"id":902878,"date":"2025-02-05T07:40:38","date_gmt":"2025-02-05T02:10:38","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=902878"},"modified":"2025-02-15T16:34:41","modified_gmt":"2025-02-15T11:04:41","slug":"spotify-forecasts-q1-profit-above-estimates-on-steady-user-growth","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/02\/05\/spotify-forecasts-q1-profit-above-estimates-on-steady-user-growth\/","title":{"rendered":"Spotify forecasts Q1 profit above estimates on steady user growth"},"content":{"rendered":"<p>Spotify forecast first-quarter profit above market estimates on Tuesday as the Swedish audio-streaming giant benefits from steady user growth, price hikes and a cost-cutting drive. <\/p>\n<p>Shares of the company rose more than 9 per cent in premarket trading. <\/p>\n<p>Spotify expects operating income of 548 million euros ($566.19 million) in the current quarter, above analysts&#8217; average estimate of 450.6 million euros, according to data compiled by LSEG.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spotify forecast first-quarter profit above market estimates on Tuesday as the Swedish audio-streaming giant benefits from steady user growth, price hikes and a cost-cutting drive. Shares of the company rose more than 9 per cent in premarket trading. Spotify expects operating income of 548 million euros ($566.19 million) in the current quarter, above analysts&#8217; average estimate of 450.6 million euros, according to data compiled by LSEG.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[36,9,4],"tags":[],"class_list":["post-902878","post","type-post","status-publish","format-standard","hentry","category-broadcasting-business-standard-newspapers","category-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/902878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=902878"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/902878\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=902878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=902878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=902878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}