Spotify reported strong Q2 results with revenue of €4.78 billion, a 14% increase year-over-year, and net income of €545 million, reversing last year's €86 million loss. Premium subscribers grew 9% to 300 million, surpassing estimates, while monthly active users reached 777 million. The company added 7 million premium subscribers, exceeding its guidance, and forecasted Q3 revenue of €5 billion with 305 million premium subscribers. Despite strong growth, Spotify expects profit growth to slow due to user growth cooling in North America and Europe.
Spotify has exceeded 300 million subscribers for the first time, with 777 million monthly active users in Q2, a 12% increase year-over-year. Despite raising subscription prices in several regions, its subscriber base grew 9% in the quarter. The compa...
The Great Canadian Treasure Hunt, organized by The Northern Miner and supported by EarthLabs Inc. and other sponsors, has announced the location of its next regional prize in Manitoba. Hunters can search for six one-ounce gold coins valued at nearly ...
