Spotify posts surprise profit in fourth quarter, sees loss in 2019

Spotify posts surprise profit in fourth quarter, sees loss in 2019

5 years ago
Anonymous $Dftgs0JzgE

https://www.reuters.com/article/us-spotify-tech-results/spotify-posts-surprise-profit-in-fourth-quarter-sees-loss-in-2019-idUSKCN1PV15L

Spotify, the world's most popular paid music streaming service, reported an unexpected fourth-quarter operating profit on Wednesday but its sales growth was well below expectations and it said it sees a loss of 200-360 million euros in 2019.

Spotify posts surprise profit in fourth quarter, sees loss in 2019

Feb 6, 2019, 12:41pm UTC
https://www.reuters.com/article/us-spotify-tech-results/spotify-posts-surprise-profit-in-fourth-quarter-sees-loss-in-2019-idUSKCN1PV15L >Spotify, the world's most popular paid music streaming service, reported an unexpected fourth-quarter operating profit on Wednesday but its sales growth was well below expectations and it said it sees a loss of 200-360 million euros in 2019.