Aug. 20 at 4:13 PM
$SPOT's FCF surges 115% YoY! 💸 Is this sustainable growth?
Spotify reported €700M in free cash flow for the June quarter, marking a 31.1% sequential rise and a 42.9% increase from last year. With gross margins improving, SPOT is flexing its cash flow strength for global expansion.
See why SPOT could redefine streaming profitability 👉 https://www.zacks.com/stock/news/2740446/does-robust-cash-generation-highlight-spotifys-operational-prowess?cid=sm-stocktwits-2-2740446-body-8670&ADID=SYND_STOCKTWITS_TWEET_2_2740446_BODY_8670