SPOT · Tech
Follow Spotify
Or get the weekly version: Ask AYO Weekly. One email, Sunday evenings. Sign up here. Unsubscribe anytime.
Spotify posted revenue of €4.53 billion with net profit tripling to €721 million. MAU passed 760 million. But the stock dropped 12% on weak Q2 guidance. We break it down in plain English.
Spotify crushed earnings expectations with record user growth, hitting 751 million monthly users and blowing past profit estimates.