Spotify’s family plan boosts subscriber growth in Q2

Music streaming giant Spotify (SPOT) released its second-ever earnings report in which, it posted a wider loss of EUR 2.20 per share versus EUR 1.24 per share last year. Consensus projections called for a loss of 62 cents. However, the top line rose 26% to EUR 1.27 billion. The company blamed the new regulations in … Continue reading Spotify’s family plan boosts subscriber growth in Q2