31-01-2023 18:30 via digitalmusicnews.com

Spotify Posts Record User Growth — And An Increased Operating Loss — In Q4 2022 Earnings Report

Spotify stock (NYSE: SPOT) has surged after the Stockholm-headquartered company disclosed that it had added a record high of 33 million users during Q4 2022 – including about 10 million subscribers. The audio entertainment service, which laid off approximately 6% of its employees earlier in January, posted the fourth-quarter financials today. Worth highlighting at the […]
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