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Spotify Adds 7 Million Premium Subscribers In Q3, Up To 15 Million For Year, Losses …

SPOTIFY added another seven million premium subscribers in its just released 2022 Q3 financial report, bringing its total paid base to 195 million, which is 15 million more than it had at the close of last year, though its operating losses caused the stock to tumble 7% in trading.The growth in Q3 subs was ahead of SPOTIFY’s own guidance of +6 million.SPOTIFYs total monthly active users, which combines paid and ad-supported users, his 456 million at the close of Q3, up 23 million on the ...
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