Categories AlphaGraphs, Earnings, Technology

Key highlights from Spotify (SPOT) Q3 2020 earnings results

Spotify Technology S.A. (NYSE: SPOT) reported third quarter 2020 earnings results today.

Total revenue grew 14% year-over-year to EUR1.97 billion.

Net loss attributable to owners of the parent was $101 million, or $0.58 per share, compared to $241 million, or $0.36 per share, last year.

Total monthly active users (MAU) grew 29% year-over-year to 320 million.

For the fourth quarter of 2020, revenues are expected to be EUR2.00-2.20 billion. MAUs are expected to be 340-345 million.

Prior performance

Spotify reports Q2 2020 earnings results

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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