The company reported solid increases in the fourth quarter in terms of monthly active users and 180 million premium subscribers, in line with earlier forecasts. — Photo by Stefani Reynolds/AFP
STOCKHOLM: Music streaming giant Spotify on Tuesday said it passed 600 million monthly users at the end of 2023, and that it was expecting a profitable first quarter of 2024.
"Spotify had a very strong quarter, rounding out a great year of truly remarkable growth across the company," CEO Daniel Ek said in a post to X after the company published its fourth quarter earnings.
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