Spotify (SPOT) Q1 Loss of EUR 156M, Revenue EUR 3.04B, MAUs 515M; Offers Guidance
Spotify (NYSE: SPOT) reported Q1 net loss of EUR 156M. Revenue for the quarter came in at EUR3.04 billion versus the consensus estimate of EUR3.09 billion. Monthly Active Users (MAUs) of 515M.
For Q2, the company guided MAUs of 530M, paying subscribers of 217M, revenue of EUR 3.2B, operating loss of EUR 129M.
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