Just released — Spotify Q2 2021 earnings and shareholder letter: https://t.co/9Iw4aWTS6Q
— Spotify News (@SpotifyNews) July 28, 2021
Spotify Misses Overall Q2 User Target, Ad Revenue Jumps 110% https://t.co/vbUuQ4CjUw via @variety
— Todd Spangler (@xpangler) July 28, 2021
Re $SPOT MAU miss cont: "2020 was a bit of an outlier. Companies rarely grow in a straight line, and nothing in our data changes our long term outlook and the audio opportunity for Spotify." - Daniel Ek
— Kerry Flynn ? (@kerrymflynn) July 28, 2021
Re $SPOT MAU miss: "I'm disappointed that our MAU growth was softer in the latter half of Q1 and the first half of Q2... We've also seen slightly slower adoption rate in some of our newly launched markets. All these regions have been hard hit by COVID." - Daniel Ek
— Kerry Flynn ? (@kerrymflynn) July 28, 2021
A look at our Q2’21 results. Thanks to Spotifiers for dreaming up and accelerating the rollout of so many new innovations this quarter. pic.twitter.com/X4TQnPmAdb
— Daniel Ek (@eldsjal) July 28, 2021
Spotify CEO Daniel Ek said in Q2, podcast ad revenue grew 627% YoY, or +200% on an "organic basis." (But he didn't provide actual revenue figures) https://t.co/1tRqCLQszH
— Todd Spangler (@xpangler) July 28, 2021
Spotify shares are down more than 6% today because the company posted disappointing user growth, and a disappointing forecast.
— Lucas Shaw (@Lucas_Shaw) July 28, 2021
It blamed the pandemic.
But Daniel Ek said he's confident on Spotify's future growth thanks to innovation of the platform / company
— Kerry Flynn ? (@kerrymflynn) July 28, 2021
"The platform we're building is all about moving from 8 million to 50 million creators and from 400 million to more than 1 billion users..." $SPOT
Spotify $SPOT Q2'21 report:
— Kerry Flynn ? (@kerrymflynn) July 28, 2021
- 365 million monthly active users, up 22% (but *missed* guidance)
- 165 million paid subscribers, up 20%
- €2.33 billion ($2.75 billion) total revenue, up 23%
- €275 million ($325 million) ad revenue, up 110% (!!!)https://t.co/6rI06t1Cvt
Spotify slowed down, only adding 9 million MAUs in Q2, meanwhile, YouTube did this (and that's not even counting YT's subs growth) @midiaresearch pic.twitter.com/o99QSttbZs
— Mark_Mulligan (@Mark_Mulligan) July 28, 2021
스포티파이 MAU 3억 6,500만 명, 유료 가입자 1억 6,500만 명
— lunamoth (@lunamoth) July 28, 2021
Spotify Misses Overall Q2 User Target, Ad Revenue Jumps 110% - Variety https://t.co/66pbdUipUj