Spotify swings to a profit as subscribers top estimates - MarketWatch
1. Spotify reported a Q4 profit with a 12% user increase. 2. Monthly active users reached 675 million, exceeding analyst expectations. 3. Revenue rose to €4.24 billion, beating consensus estimates. 4. Spotify expects to add 3 million users by Q1 end. 5. Stock rose 8.8% in premarket trading post-announcement.