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Spotify growth stronger than expected in Q3, CFO to retire

2019-10-28 12:23:00| Telecompaper Headlines

(Telecompaper) Spotify reported better-than-expected results for the third quarter. Total monthly active users grew 30 percent year-on-year to 248 million, ahead of its guidance of 240-245 million, and the company raised its forecast for the year-end total to 255-270 million, an increase of 5 million from its previous range. 

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Below-Average Growth in Home Remodeling Expected by 2020

2019-04-25 20:56:00| Electrical Construction & Maintenance

Growth in remodeling is expected to fall below the markets historical average of 5% for the first time since 2013

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Spotify to expand in podcasts as growth expected to slow in 2019

2019-02-06 13:08:00| Telecompaper Headlines

(Telecompaper) Spotify reported strong results for the fourth quarter, at the high end of its outlook thanks to a strong holiday sales campaign. As flagged in its previous quarterly report, the company expects some pressure on margins in 2019, as it launches a new strategy to grow revenue through offering podcasts and other audio content besides music. The group confirmed the acquisitions of Gimlet Media and Anchor to drive the podcast business and said more takeovers are planned this year. 

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Demand growth for Flat Panel Displays expected to ease through 2021

2018-11-30 03:30:54| Digital TV News

After hitting 7.3% growth in 2018, global demand for flat panel displays (FPDs) in terms of area is forecast to expand 6.4% to 228 million square meters in 2019. It is the first slowdown in year-on-year growth in four years, according to IHS Markit (Nasdaq: INFO).

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Remodeling Growth Expected to Slow

2018-10-18 19:26:23| Electrical Construction & Maintenance

The LIRA projects that year-over-year increases in residential remodeling expenditures will reach a decade high of 7.7% this year and then start to drift downward

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