Spotify forecasts Q4 profit above estimates on AI bets
Briefing by News4U · First published
Spotify expects €820m operating income for Q4, above estimates, as it invests in AI features to drive growth.
Spotify has forecast fourth-quarter operating income of €820m, above analysts' average estimate of €813.4m, as the company bets on AI-powered features to drive user growth, according to RTÉ Business. [1]
Sources
- Spotify forecasts fourth-quarter profit above estimates
RTÉ Business · · Full text