Spotify Q2 Total Revenue €3.177B, Up 11% YoY; Total MAUs 551M, Up 27% YoY
Portfolio Pulse from Bill Haddad
Spotify's Q2 total revenue was $3.177 billion, an increase of 11% year-over-year. The company also reported a 27% YoY increase in total monthly active users (MAUs), reaching 551 million.
July 25, 2023 | 10:02 am
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POSITIVE IMPACT
Spotify's Q2 earnings report shows strong growth in both revenue and user base, which could positively impact the company's stock.
Spotify's Q2 earnings report shows a significant increase in both revenue and monthly active users, two key metrics for the company's performance. This positive financial news could lead to an increase in investor confidence and a potential rise in the company's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100