Entertainment · 5 views
Spotify Hits 306 Million Premium Subscribers as Revenue Grows 16%
Monthly active users for the streamer also grew 11%, accounting for 788 million users Spotify performed slightly better than Wall Street expectations during its third quarter earnings report, which was posted on Thursday morning.
Summary
Monthly active users for the streamer also grew 11%, accounting for 788 million users Spotify performed slightly better than Wall Street expectations during its third quarter earnings report, which was posted on Thursday morning. While the music streamer’s revenue was expected to be €4.98 billion for the quarter, its actual revenue came in at €5.0 billion.
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