Spotify tops third-quarter estimates on strong user growth, issues mixed guidance
Știință și Tehnologie
Spotify on Tuesday reported strong third-quarter results that topped Wall Street expectations and saw total revenue climb 12% year over year, but issued weak guidance for revenue and subscribers for the current quarter. Shares of Spotify fell 2% on Tuesday. Here's what Spotify reported compared with LSEG estimates: The streaming platform increased premium subscribers by 12% to 281 million, coming in just below StreetAccount expectations of 281.24 million. Spotify hiked subscription prices in
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