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Thursday, February 7, 2019

Spotify posts first ever operating profit, but cautious outlook for 2019

  Mian Adeel Soomro       Thursday, February 7, 2019
Spotify posted its first ever quarterly operating profit on Wednesday driven by a strong gross margin and slower-than-expected headcount growth, but it warned of a loss in 2019 and issued modest forecasts which disappointed investors.


from Reuters: Business News https://reut.rs/2HXnAN2
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Thanks for reading Spotify posts first ever operating profit, but cautious outlook for 2019

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