Spotify Q1 2018 Earnings Steady Course But Is It Enough?

Mark Mulligan

May 2018

On the May 2018 Spotify released its first quarterly earnings. The results fundamentally represent a continuation of the figures presented in Spotify’s filing and show strong results across most performance metrics. Nonetheless, investors were not satisfied (apparently spooked by growing losses), resulting in a dip in Spotify’s stock price. Such are the challenges Spotify is going to face as a public company, with investors that are not willing to make allowances for the nuances of the recorded music business. In this report, we leave the stock valuation to the financial analysts and instead dive into Spotify’s performance metrics and what they signify.

Companies and brands mentioned in this report: AOL, EMI, Spotify, Seagram, Thorn Electrical Industries, Universal Music, Vivendi, Warner Music

Already a MIDiA client?

Get full access to this report and assets

If this report caught your interest, get in touch with us today. Our reports are available for purchase and we provide subscription access to our full report library across this and all coverage areas.

Our client subscriptions include:

Full access to our extensive report catalogue
Best in class insights and data
Direct analyst guidance

I want to receive MIDiA's monthly newsletter

I want to receive marketing and communication updates from MIDiA Research, including emails about their services, events, and product updates

I understand that I can unsubscribe at any time and that my data will be processed in accordance with MIDiA Research's privacy policy

I want to join the MIDiA Panel

Panelists have the chance to participate in surveys and interviews about music and entertainment, and receive rewards in return. Panelists must be over 16.