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 [...]

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