Reports Q3 revenue EUR4.27B vs. 3.99B last year. Reports Q3 total MAUs up 11% to 713M, with subscribers up 12% y/y to 281M. “The business is healthy. We’re shipping faster than ever. And we have the tools we need – pricing, product innovation, operational leverage, and eventually the ads turnaround – to deliver both revenue growth and profit expansion,” said Daniel Ek, CEO. “It all comes back to user fundamentals and that’s where we are: 700 million users who keep coming back, engagement at all-time highs. We’re building Spotify (SPOT) for the long-term.”
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