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By Anusuya Lahiri Spotify Technology SA (NYSE: SPOT) stock traded lower after it reported the second-quarter FY23 revenue growth of 11% year-on-year to €3.18 billion ($3.46 billion), missing the consensus of $3.57 billion. The Premium Revenue grew by 11% Y/Y to €2.77 billion, helped by subscriber additions. Total MAUs (Monthly Active Users) rose by 27% Y/Y to 551 million. Premium Subscribers […]
The post Spotify Stock Falls As Q2 Revenue Misses Consensus, MAU Growth Outlook Disappoints first appeared on The Florida Star | The Georgia Star.
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