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Stock impact report

Spotify Technology S.A. Announces Financial Results for Third Quarter 2018

Spotify Technology S.A. Ordinary Shares (SPOT) 
Last spotify technology s.a. ordinary shares earnings: 4/29 06:00 am Check Earnings Report
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- Spotify Technology S.A. (NYSE:SPOT) today reported financial results for the third fiscal quarter of 2018 ending September 30, 2018. This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20181101005242/en/ (Graphic: Business Wire) Dear Shareholders, Today Spotify is reporting results for Q3 2018. The quarter was largely in line with our expectations and our guidance range, except that Operating Margin outperformed our forecast. MONTHLY ACTIVE USERS MAUs grew 28% Y/Y to 191 million at the end of Q3. Growth in our emerging regions of Latin America and Rest of World continues to outpace growth in our more established markets. Ad-Supported MAUs totaled 109 million at the end of the quarter, up 20% Y/Y. Earlier this year we began rolling out a new user interface for our Ad-Supported tier of service, Show less Read more
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