|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's range||213.15 - 224.17|
|52-week range||211.10 - 387.44|
|Beta (5Y monthly)||1.53|
|PE ratio (TTM)||N/A|
|Earnings date||27 Oct 2021 - 01 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||323.18|
Myles Udland, Brian Sozzi, and Julie Hyman breakdown more earnings which include: Spotify quarterly revenue beating despite missing user target, Boeing stock seeing a surge after reporting its first profit in 2 years, and Pfizer raising guidance as COVID vaccine is expected to generate more revenue.
Shares of Spotify Technology (NYSE: SPOT) fell as much as 10.1% on Wednesday, following the company's second-quarter earnings report. Spotify's second-quarter sales rose 23% year over year, landing at $2.75 billion. Premium subscriber growth clocked in at 20% while ad-supported MAUs rose by 24%.
Ladies and gentlemen, thank you for standing by, and welcome to the Spotify Q2 2021 Earnings Conference Call. Thank you, and welcome to Spotify's Second Quarter 2021 Earnings Conference Call. Joining us today will be Daniel Ek, our CEO; and Paul Vogel, our CFO.