SPOT Spotify Technology SA

Spotify Technology SA (NYSE:SPOT)’s first quarter revenue rose 19% to €2.7bn, ignoring the impact of currency changes. That was better than management’s guidance, and reflected double-digit growth in both Premium and Ad-supported revenue. Monthly Active Users (MAUs) also grew beyond expectations. Gross margins of 25.2% were also ahead of guidance, but lower than last year. […]
https://www.valuewalk.com/spotify-podcasts-pad-revenue-despite-cancel-calls/