Benzinga | Apr 28, 2021 06:22AM EDT

Spotify Technology Q1 EPS $(0.30) Beats $(0.48) Estimate, Sales $2.59B Beat $2.58B Estimate

Spotify Technology (NYSE:SPOT) reported quarterly losses of $(0.30) per share which beat the analyst consensus estimate of $(0.48) by 37.5 percent. This is a 36.36 percent decrease over losses of $(0.22) per share from the same period last year. The company reported quarterly sales of $2.59 billion which beat the analyst consensus estimate of $2.58 billion by 0.35 percent. This is a 27.04 percent increase over sales of $2.04 billion the same period last year.