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home / articles / SPOT - Spotify Tech's Q4 Performance: MAU Growth Ad-supported Tier Growth and More | Benzinga

SPOT - Spotify Tech's Q4 Performance: MAU Growth Ad-supported Tier Growth and More | Benzinga

Spotify Technology S.A.

Spotify Technology SA (NYSE:SPOT) stock climbed after it reported fourth-quarter FY23 revenue growth of 16% year-on-year to €3.67 billion ($3.95 billion), missing the consensus of $4.06 billion. 

EPS loss of €(0.36) or $(0.39) missed the consensus loss of $(0.14).

Premium Revenue grew 17% Y/Y to €3.17 billion, helped by subscriber additions. 

Total MAUs (Monthly Active Users) rose 23% Y/Y to 602 million. Ad-supported MAUs grew a ...

Full story available on Benzinga.com
Stock Information
Company Name: Spotify Technology S.A.
Stock Symbol: SPOT
Market: NYSE
Website: spotify.com
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