Spotify Q3 revenue rises 16% YoY to €4.97B, just below estimates
Spotify reported Q3 revenue of €4.97B, up 16% year over year but slightly below the €4.98B estimate. Premium subscribers grew 9% to 306M, MAUs rose 11% to 788M, and operating income reached €672M.
- Revenue €4.97B, up 16% YoY, vs €4.98B estimate
- Premium subscribers 306M, up 9%
- MAUs 788M, up 11%, +1% quarter over quarter
- Operating income €672M
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