Spotify to raises prices on some plans across U.S., UK

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Spotify (SPOT) Reports Q1 Loss of EUR0.25 on Revenues of EUR2.15B; Offers 2Q & FY21 Revenue Outlook

April 28, 2021 6:08 AM EDT

Spotify (NYSE: SPOT) reported Q1 EPS of (EUR0.25), versus (EUR0.20) reported last year. Revenue for the quarter came in at EUR2.15 billion, versus EUR1.85 billion reported last year.

GUIDANCE:

Spotify sees Q2 2021 revenue of EUR2.16-2.36 billion.

Spotify sees FY2021 revenue of EUR9.11-9.51 billion.

Q2 & 2021 OUTLOOK

The following forward-looking... More