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Spotify exceeds expectations – the stock surges

Spotify's share – already one of the year's winners on Wall Street – is surging upward after the streaming service's 2024 financial report. The company is setting records for profit and profitability – and is also exceeding expectations regarding the number of users.
Spotify exceeds expectations – the stock surges

Increased profit and revenue for Spotify

The streaming service Spotify increased during the previous quarter both revenue and profit more than the analysts had expected. The number of users also rose more than expected.
Increased profit and revenue for Spotify
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