Spotify posted first-quarter profit of € 23m, up from € 1m in the previous year, & € revenue; 2.15 billion, up 16% year on year, 356 million medium operating units, 24% increase year on year, and 158 million paid subscribers, up 21% year on year (Ann Steele / The Wall Street Journal)


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Ann Steele / Wall Street Journal:

Spotify posted first-quarter profit of € 23 million, up from € 1 million the previous year, revenue of € 2.15 billion, up 16% year-over-year, 356 million major operating units, up 24% year-over-year, and 158 million subscribers. Paid, up 21% year over year.– The podcast platform warns of uncertain growth as new markets suffer from an increase in coronavirus cases


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