Spotify Q4 Ad-Supported MAUs 379M, Up 28% YoY
Portfolio Pulse from Benzinga Newsdesk
Spotify reported a 28% year-over-year increase in its ad-supported monthly active users (MAUs), reaching 379 million in Q4.

February 06, 2024 | 11:04 am
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POSITIVE IMPACT
Spotify's Q4 report shows a significant 28% increase in ad-supported MAUs, reaching 379 million.
The substantial year-over-year growth in Spotify's ad-supported monthly active users indicates a strong expansion in its user base, which is likely to positively impact investor sentiment and potentially drive up SPOT's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100