1422 ET - Spotify's subscription model is likely to be fairly insulated from macroeconomic uncertainty, Bank of America says. The analysts expect the audio streaming platform's results to be at least in line with guidance on key metrics including revenue because they see the subscription as similar to a utility payment. Still, recent volatility could affect future advertising growth if it puts downward pressure on ad budgets, they say. A few audio companies have noted advertising weakening already, the analysts add. Gross margins in 2025 are expected to increase, but likely won't hit the same levels as the year before, which were particularly strong. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
April 01, 2025 14:22 ET (18:22 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。