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Spotify Stock Pops 13% as Cash-Flow Machine Kicks Into Gear

TheMotleyFool

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Spotify Stock Pops 13% as Cash-Flow Machine Kicks Into Gear: https://g.foolcdn.com/editorial/images/784260/person-listening-to-music.jpg

Spotify (NYSE: SPOT) reported second-quarter 2024 financial results before the market opened on Tuesday and results were well ahead of expectations. Cost cuts made over the past 18 months are taking hold and revenue is growing as price increases kick in, which Travis Hoium highlights in this video.

*Stock prices used were end-of-day prices of July 23, 2024. The video was published on July 23, 2024.

Source Fool.com

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