Spotify reports Q1 revenue up 15% YoY to €4.2B, operating income of €509M, below its €548M forecast, Q2 MAUs forecast below analysts' estimates; SPOT drops 8%+ (Ashley Carman/Bloomberg)

4 hours ago 1
Add to circle

Ashley Carman / Bloomberg:
Spotify reports Q1 revenue up 15% YoY to €4.2B, operating income of €509M, below its €548M forecast, Q2 MAUs forecast below analysts' estimates; SPOT drops 8%+  —  Spotify Technology SA shares tumbled in early trading Tuesday after the streaming company reported operating profit …

Read Entire Article