latest news in profitability

Spotify Hits 252 Million Premium Subscribers, Eyes First Full Year of Profit

Stockholm, Thursday, 14 November 2024.
Spotify’s Q3 2024 results show impressive growth with 252 million premium subscribers, up 12% year-over-year. The company reported record operating income of €454 million, putting it on track for its first full year of profitability. This milestone underscores Spotify’s successful strategy in the competitive music streaming market.

Tyson Foods Reports Significant Profit Boost in Q4 2024

Springdale, Tuesday, 12 November 2024.
Tyson Foods announced a substantial increase in profitability for Q4 and fiscal year 2024, driven by strategic adjustments and increased sales across segments. The company’s Q4 sales reached $13,565 million, up 1.6% from 2023, with adjusted operating income soaring 117% to $512 million.