Spotify reeled in fewer new users overall than it expected in the first quarter of 2024, but the audio-streaming giant touted “record strength” in profitability. Total monthly active users (free and paid) grew 19% year over year to 615 million, a gain of 13 million from the previous quarter — which missed its guidance by […]

Topics:  spotify   user   profit   million   quarter   year   
BING NEWS:
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    Spotify announced Wednesday that Taylor Swift’s “The Tortured Poets Department” has become the first album in the app’s history to pick up a billion streams in a single week. And it did that with ...
    04/24/2024 - 6:53 am | View Link
  • Spotify Shares Jump 12% as Streamer Swings to Q1 Profit
    Spotify shares shot up in Tuesday trading after the Swedish streaming company reported that expanded video offerings, growing audiobook popularity and AI-generated playlists helped it swing to a ...
    04/23/2024 - 12:37 am | View Link
  • Spotify Q1 Results: User Growth Slows, Streamer Swings to Profit as It Hits 239 Million Premium Subscribers
    Spotify reeled in fewer new users overall than it expected in the first quarter of 2024, but the audio-streaming giant touted “record strength” in profitability. Total monthly active users (free and ...
    04/22/2024 - 11:53 pm | View Link
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