Spotify Hits 252M Premium Subscribers, On Track For First Full Year of Profitability ...Middle East

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Spotify Hits 252M Premium Subscribers, On Track For First Full Year of Profitability
Monthly active users at Spotify rose 11 percent year-over-year to reach 640 million in the third quarter, while total paid subscribers increased 12 percent to 252 million, with both beating the company’s guidance by 1 million.  Total revenue was up 19 percent to reach €4 billion, in line with the company’s expectations. Operating income improved […] The post Spotify Hits 252M Premium Subscribers, On Track For First Full Year of Profitability appeared first on NY Times News Today.

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