Spotify Reports $669M Profit For Q3 As Paying Subscribers Hit 281 Million ...Middle East

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Spotify Reports $669M Profit For Q3 As Paying Subscribers Hit 281 Million
Music streamer Spotify saw third quarter operating profits grow a cool 28%, as its paying subscribers hit 281 million. Operating income posted at €582M ($669M), well above the guidance of €485M, with revenue up 7% at €4.27B. Total active monthly users (MAUs) came in at 713 million, up 11% year-over-year and 2% on Q2. Compounding […]

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