Categories Earnings, Leisure & Entertainment
Spotify (SPOT) Q1 Earnings: Key quarterly numbers and other highlights
Spotify Technology (NYSE: SPOT) today reported first quarter financial results for the period ended March 31, 2020.
Total Monthly Active Users (MAUs) grew 31% year-over-year to 286 million. Premium Subscribers at the end of the quarter was 130 million, up 31% year-over-year. Ad-supported MAUs grew 32% year-over-year to 163 million.
Total revenue increased 22% to €1,848 million.
As of March 31, 2020, Spotify has €1.8 billion in liquidity and expects to be free cash flow positive for the year.
You may also like:
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
