Spotify Technology S.A.

NYSE:SPOT   2:30:07 PM EDT
226.94
+1.67 (+0.74%)
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Market Cap (Intraday)42.70B
Current PEN/A
Forward PE N/A
2yr Forward PE N/A
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Estimates Current Quarter
Revenue$2.89 Billion
Adjusted EPS-$0.25
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10-Day MA$236.36
50-Day MA$247.51
200-Day MA$280.12
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Spotify Technology S.A. Stock, NYSE:SPOT

42-44, avenue de la Gare, Luxembourg, Luxembourg 1610
Luxembourg
Phone:
Number of Employees:

Description

Spotify Technology SA is a digital music service offering music fans instant access to a world of music. The company operates through the following segments: Premium and Ad-Supported. The Premium segment provides subscribers with unlimited online and offline high-quality streaming access of music and podcasts on computers, tablets, and mobile devices, users can connect through speakers, receivers, televisions, cars, game consoles, and smart watches. It also offers a music listening experience without commercial breaks. The Ad-Supported segment provides users with limited on-demand online access of music and unlimited online access of podcasts on their computers, tablets, and compatible mobile devices. It also serves both premium subscriber acquisition channel and a robust option for users who are unable or unwilling to pay a monthly subscription fee but still want to enjoy access to a wide variety of high-quality audio content. The company was founded by Daniel Ek and Martin Lorentzon in April, 2006 and is headquartered in Luxembourg.