Helped by cost-cutting measures include a mass layoff, Spotify posted a record profit in the second quarter of 2024 that topped expectations. The music and audio streaming giant gained 7 million paid subscribers in the period, slightly ahead of guidance, while total monthly users fell short of its target. Spotify reported Q2 revenue of €3.81 […]
Spotify Turns in Record Profit in Q2, Grows Premium Subscribers to 246 Million
Jul 23, 2024 | 5:28 AM