Spotify Sees Q3 Total MAUs 639M, Total Revenue €4.0B, Total Premium Subscribers 251M
Portfolio Pulse from Bill Haddad
Spotify reported its Q3 results with total Monthly Active Users (MAUs) reaching 639 million, total revenue of €4.0 billion, and total premium subscribers at 251 million.
July 23, 2024 | 10:08 am
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Spotify reported strong Q3 results with 639 million MAUs, €4.0 billion in revenue, and 251 million premium subscribers, indicating robust user growth and revenue generation.
The reported figures indicate strong user growth and revenue generation, which are positive indicators for Spotify's financial health and future performance. This is likely to have a positive impact on the stock price in the short term.
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