At Spotify the number of paid subscribers increased, but the revenue did not justify forecasts

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For the first quarter 2023 the base paid a premium subscribers of the strimingovy Spotify service increased to 210 million — for 15% in comparison with the similar period year before. However the revenue appeared below expectations of analysts: 3,04 billion euro against the forecast in 3,08 billion euro. In the message of Spotify Technology S. A made 156 million euros, generally because of decrease in expenses on...
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Danielle Ek
Last position: Cofounder, CEO (Lomonosov Moscow State University)