Spotify reports Q3 revenue up 11% YoY to €3.4B, MAUs up 26% to 574M, Premium users up 16% YoY to 226M, and a €32M profit, beating estimates of a €44.6M loss (Ashley Carman/Bloomberg)

October 24, 2023

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Ashley Carman / Bloomberg:

Spotify reports Q3 revenue up 11% YoY to €3.4B, MAUs up 26% to 574M, Premium users up 16% YoY to 226M, and a €32M profit, beating estimates of a €44.6M loss — Spotify Technology SA, the music-streaming giant, reported third-quarter sales that exceeded analysts’ projections …

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