Spotify says qtrly loss per share eur 1.91

Spotify - qtrly loss per share eur 1.91; qtrly total revenue of euro 1.89 billion, up 13%.spotify - qtrly total maus grew 29% to 299 million.spotify - qtrly mau growth in north america exceeded co's expectations, accelerating more than 200 bps.spotify - in quarter, mau growth in india outperformed co's forecast; latin america and rest of world continue to see fastest growth.spotify - as of june 30, global consumption hours have recovered to pre-covid levels.spotify - at the end of quarter, co had 138 million premium subscribers globally, up 27%.spotify - qtrly churn improved about 46 bps y/y, but ticked up about 8 bps sequentially.spotify - continue to see positive growth in streaming ad insertion technology, which will be more widely available to u.s. advertisers in summer.spotify sees q3 total maus 312-317 million; sees q3 total revenue eur 1.85 billion - eur 2.05 billion.spotify - qtrly ad-supported revenue fell 21% as a result of covid-19.spotify - within premium, qtrly arpu of eur 4.41 was down 9% and down 7% excluding the impact from fx rates.q2 earnings per share view eur -0.45, revenue view eur 1.93 billion -- refinitiv ibes data.
SPOT Ratings Summary
SPOT Quant Ranking