Spotify shares surge after surprise profit, rise in paid users

Spotify shares surge after surprise profit, rise in paid users

5 years ago
Anonymous $xdcOWPpsb_

https://www.reuters.com/article/us-spotify-tech-results/spotify-shares-surge-after-surprise-profit-rise-in-paid-users-idUSKBN1X70X9

Spotify Technology SA posted a surprise profit and beat Wall Street's expectations for third-quarter revenue as the music streaming company added more subscribers to its premium service than expected, sending its shares up 9% on Monday.