https://www.reuters.com/article/us-spotify-tech-results/spotify-posts-first-ever-operating-profit-but-cautious-outlook-for-2019-idUSKCN1PV15L

Spotify posted its first ever quarterly operating profit on Wednesday driven by a strong gross margin and slower-than-expected headcount growth, but it warned of a loss in 2019 and issued modest forecasts which disappointed investors.