The Hollywood Reporter

Spotify Hits 293M Premium Subs and a Profit Record, But Stock Tanks on Outlook

April 28, 2026 15 days ago

The audio streamer posted record operating income for the first quarter, and price hikes boosted revenue, but its guidance for the current second quarter for that metric and premium subs disappointed Wall Street:

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Source:: The Hollywood Reporter
Published:: Apr 28, 2026 11:20 AM
Article ID:: 160926
Health Related:: No
Celebrities:: None detected

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Spotify Hits 293M Premium Subs and a Profit Record, But Stock Tanks on Outlook

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