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Podcast: The John Johnston Lounge
Episode: Spotify Earnings Update: Has The Story Changed? | Stock: SPOT
Description: After looking at the latest Spotify Q3 2022 earnings, and listening to the earnings call with CEO Daniel Ek, in this episode I give an updated summary and some commentary on the streaming media company. Has the investment story changed?00:15 Spotify financial media headlines 02:57 SPOT recent share price action03:35 Spotify Q3 2022 highlights05:02 New video podcasting05:44 Q3 2022 financial summary06:19 Gross margin concern07:45 Free cash flow08:10 Global mix of monthly active users (MAUs)09:03 First iteration of Audiobooks09:43 Progress of Podcasting 10:08 Two-Sided Marketplace10:30 Outlook for Q4 202210:48 Earnings call highlights an...