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home / articles / SPOT - Spotify's Stock Gains On Q3 Performance Clocks Strong MAU and Premium Revenue Growth | Benzinga
Spotify Technology SA (NYSE: SPOT) stock traded lower after it reported third-quarter FY23 revenue growth of 11% year-on-year to €3.36 billion ($3.65 billion), beating the consensus of $3.34 billion.
Premium Revenue grew 10% Y/Y to €2.91 billion, helped by subscriber additions. Total MAUs (Monthly Active Users) rose 26% Y/Y to 574 million. Premium Subscribers grew ...
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