Spotify (SPOT) Stock: Company Projects Q4 Profit Above Expectations on User Growth
TLDR Spotify forecasts Q4 operating income of 620 million euros, slightly above Wall Street estimates of 618. 6 million euros. Premium subscribers rose 12% to 281 million in Q3, meeting estimates, while monthly active users reached 713 million, exceeding expectations. The company’s Q4 revenue forecast of 4. 5 billion euros came in below analyst estimates of 4. 57 [.] The post Spotify (SPOT) Stock: Company Projects Q4 Profit Above Expectations on User Growth appeared first on Blockonomi.