Home › Spotify beats outlook again for subscriber growth, Q4 revenues grow 24%
 

Keywords :   


Spotify beats outlook again for subscriber growth, Q4 revenues grow 24%

2020-02-05 13:16:00| Telecompaper Headlines

(Telecompaper) Spotify reported 271 million monthly active users at the end of 2019, up 31 percent over the year and better than the group's forecast. With MAU growth accelerating the past three quarters and strong take-up of its expanding podcast offer, the company said it's confident in its future growth prospects. However, it will continue to invest in 2020 and forecast a bigger operating loss for the year.  

Tags: growth grow outlook revenues

Category:Telecommunications

Latest from this category

All news
28.01Effective Housekeeping With Rackspace Managed Snapshot Cleanup
20.01Redefining Detection Engineering and Threat Hunting with RAIDER
Telecommunications »
31.01Plan ahead and dress wisely: How to minimise add-on costs when you fly
31.01Phone lines stay open as tax return deadline looms
31.01Phone lines stay open as tax return deadline looms
30.01Labubu to open seven UK shops, after PM's China visit
30.01Will Trump's pick to lead US central bank get him the change he wants?
30.01Will Trump's pick to lead US central bank get him the change he wants?
30.01Grilled to Perfection Recipes Due by April 1
30.01The Poet
More »