Tech
Spotify experiences Q1 income up 14% YoY to €3B, advert income up 17% YoY to €329M, MAUs up 22% YoY to 515M, Premium Subscribers up 15% YoY to 210M, and a €225M loss (Anne Steele/Wall Road Journal)
Anne Steele / Wall Road Journal:
Spotify experiences Q1 income up 14% YoY to €3B, advert income up 17% YoY to €329M, MAUs up 22% YoY to 515M, Premium Subscribers up 15% YoY to 210M, and a €225M loss — Audiostreaming big posted lower-than-expected income features as advert spending cooled
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