Spotify revenue beats on higher paid subscriber addition, shares rise

Spotify revenue beats on higher paid subscriber addition, shares rise

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-spotify-tech-results/spotify-revenue-beats-on-higher-paid-subscriber-addition-shares-rise-idUSKCN1S50TH

Spotify Technology SA reported a better-than-expected rise in first-quarter revenue on Monday as the music streaming company hit 100 million paid subscribers for its premium service, sending its shares up nearly 5 percent.

Spotify revenue beats on higher paid subscriber addition, shares rise

Apr 29, 2019, 11:17am UTC
https://www.reuters.com/article/us-spotify-tech-results/spotify-revenue-beats-on-higher-paid-subscriber-addition-shares-rise-idUSKCN1S50TH >Spotify Technology SA reported a better-than-expected rise in first-quarter revenue on Monday as the music streaming company hit 100 million paid subscribers for its premium service, sending its shares up nearly 5 percent.