Spotify's Subscriber Boom Can't Hide Ad Woes: Analyst
1. Spotify posted a $0.48 loss, missing $2.11 estimate significantly. 2. Revenue increased 10% YoY to $4.75 billion but fell short of $4.84 billion. 3. Analysts lowered price targets due to weak revenue guidance for Q3 2025. 4. 8 million premium subscribers added; overall engagement metrics exceeded expectations. 5. Ad revenue growth missed estimates but potential for future ad normalization noted.