
Spotify has posted its latest earnings report, stating that both paid and free users were up more than 10% year-on-year, but the company returned to making a loss …
Spotify announced solid growth in both subscribers and revenue:
- Subscribers climbed 12% Y/Y to 276 million.
- Monthly Active Users grew 11% Y/Y to 696 million.
- Total Revenue increased 10% Y/Y to €4.2 billion.
- Gross Margin improved by 227 bps YoY to 31.5%.
- Operating Income reached…

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