What To Expect From Spotify Q1 Earning Report [NYSE:SPOT]
Spotify (NYSE:SPOT) will share its first quarter 2019 financial results this morning before the market opens. It is the first report to investors since the streamer's big bet on podcasting with the acquisition of Gimlet Media and Anchor.
UPDATE: Spotify has announced Q1 results.
Read the full report here.
Analysts generally view Spotify earnings and stock favorably and expect the streamer to exceed expectations, as it has in two of the last four quarters.
Spotify is predicted to report 218.3 million monthly active users (MAUs) and 99.3 million premium subscribers for Q1, according to estimates compiled by Bloomberg News.
All eyes will be on the company’s average revenue per customer.
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