The third fiscal quarter’s earnings season continues to roll out new chapters to ongoing sagas. While some tech earnings have been impacted by inflationary pressures and supply-side constraints, others have been fortunate enough to circumvent the brunt of these issues. Music streaming platform Spotify (SPOT) reported earnings late last week, and was able to pull off an impressive quarter, bolstered by ad revenues and podcast engagement.  (See Analyst Top Stocks on TipRanks) Delineating his views on the matter is Andrew Uerkwitz of Jefferies Group, who bullishly asserted that “this is the best quarter we’ve seen from SPOT since our initiation [of coverage].
https://www.tipranks.com/news/article/spotify-finally-streaming-some-rock-n-revenue?utm_source=advfn.com&utm_medium=referral
Spotify Technology (NYSE:SPOT)
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