Stock market newbie Spotify hits targets, plays down challenges

Go back to Stock market newbie Spotify hits targets, plays down challenges

Spotify (SPOT) Reports Q2 Loss of EUR2.20, Offers Outlook

July 26, 2018 7:54 AM EDT

Spotify (NYSE: SPOT) reported Q2 EPS of (EUR2.20), versus (EUR1.01) reported last year. Revenue for the quarter came in at EUR1.27 billion versus the consensus estimate of EUR1.27 billion.

MONTHLY ACTIVE USERS

MAUs grew 30% Y/Y to 180 million at the end of Q2. Growth in our emerging regions of Latin America and Rest of World continues to outpace... More