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๐Ÿ“š Spotify posts another big operating loss, but growing subscribers


๐Ÿ’ก Newskategorie: iOS / Mac OS
๐Ÿ”— Quelle: appleinsider.com

Spotify said in its Q4 earnings report that while it bled another $231 million in cash, subscribers rose to 489 million.

Following its laying off of 6% of its workforce, Spotify has reported mixed results for its latest financial earnings."[Monthly Active Users] net additions reached a quarterly record-high of 33 million in Q4, 10 million above guidance," said the company in its full financials document. "Subscriber growth also materially outperformed, exceeding guidance by 3 million net additions."

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