Shares of Spotify were down over 12% on Wednesday after the company reported first quarter earnings and revealed a beat on both the top and bottom line. The losses may have been brought on by the company reporting some weakness in ad-supported revenue and because it missed estimates slightly on paid subscribers. For the quarter, … Continue reading “Spotify Shares Close Down Despite a Beat on Top and Bottom Line in Q1”
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Spotify Shares Fall After Reporting First Earnings Report Since Going Public
Traders were on their toes waiting for Spotify to report earnings for the first time…
May 2, 2018