LIVE: Here comes Spotify's first ever earnings report
May 3, 2018, 01:01 IST
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Spotify is set to announce its first-quarter results Wednesday after the bell, its premier report as a public company following its direct IPO last month.
Here's what what Wall Street analysts are expecting from the streaming music company, on average:
- Revenue: $1.14 billion. In the first quarter a year ago, Spotify posted $902 million in sales.
- EPS (GAAP): A loss of 23 cents a share. In the same period a year earlier, the company lost $1.15 a share.
We'll be updating this report with Spotify's actual results when they come in. Hit refresh or click here for the latest updates.