Tue Feb 04 12:00:00 UTC 2025: ## Spotify Announces Record Q4 2024 Earnings and First Year of Profitability
**Stockholm, Sweden –** Music streaming giant Spotify today reported record-breaking fourth-quarter 2024 earnings, marking its first full year of profitability and exceeding expectations across key performance indicators. The company announced strong growth and significant achievements, exceeding internal projections.
Founder and CEO Daniel Ek expressed his enthusiasm for the company’s future, stating, “I am very excited about 2025 and feel really good about where we are as both a product and as a business. We will continue to place bets that will drive long-term impact, increasing our speed while maintaining the levels of efficiency we achieved last year.” Ek emphasized the company’s commitment to sustainable growth and delivering innovative experiences for its users.
Spotify invites investors and the public to review the full earnings release and listen to a Q&A webcast on their Investor Relations site [insert link here]. The company’s strong financial performance signals confidence in its ongoing strategy and future growth.
First Piper 