Spotify Technology S.A. Releases Financial Results for First Quarter 2023

Rhea-AI Summary

Spotify Technology S.A. (NYSE: SPOT) announced its financial results for Q1 2023, highlighting its significant user base of over 515 million Monthly Active Users and 210 million Premium Subscribers. The company hosts a live Q&A session on April 25, 2023, at 8:00 a.m. Eastern Time to discuss the results. Investors can access details and the live webcast on investors.spotify.com. Spotify operates in 184 markets and offers over 100 million tracks, including 5 million podcasts, reflecting its leadership in the audio streaming industry.

Positive

• Over 515 million Monthly Active Users
• 210 million Premium Subscribers
• Presence in 184 markets
• More than 100 million tracks available

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Spotify Technology S.A. (NYSE: SPOT) has released its financial results for the first quarter of 2023 by posting an update on its Investor website. Please visit investors.spotify.com to view the update.

As previously announced, the company will host a live question and answer session to discuss first quarter 2023 financial results at 8:00 a.m. Eastern Time. Daniel Ek, our Founder and Chief Executive Officer, and Paul Vogel, our Chief Financial Officer, will be on hand to answer questions submitted through slido.com using the event code #SpotifyEarningsQ123.

What: Spotify First Quarter 2023 Financial Results Q&A Webcast
When: Tuesday, April 25, 2023
Time: 8:00 a.m. Eastern Time
Q1 2023 Update: https://investors.spotify.com/
Webcast: https://app.webinar.net/xO7rQlM0vn5
Slido Event Code: #SpotifyEarningsQ123

A live webcast of the earnings call will be accessible at investors.spotify.com and a recording of the webcast will be available following the session.

About Spotify Technology S.A.

Spotify is the world’s most popular audio streaming subscription service with a community of more than 515 million Monthly Active Users and 210 million Premium Subscribers. With a presence in 184 markets, and more than 100 million tracks including 5 million podcast titles, it has transformed the way people access and enjoy music and podcasts.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230425005193/en/

Investor Relations:

Bryan Goldberg

Lauren Katzen

ir@spotify.com

investors.spotify.com



Public Relations:

Dustee Jenkins

press@spotify.com

Source: Spotify Technology S.A.

FAQ

What were Spotify's Q1 2023 financial results?

Spotify announced its financial results for Q1 2023, which can be viewed during the live Q&A session on April 25, 2023.

When is Spotify's Q1 2023 earnings call?

The earnings call is scheduled for April 25, 2023, at 8:00 a.m. Eastern Time.

How many users does Spotify have?

Spotify has over 515 million Monthly Active Users and 210 million Premium Subscribers.

In how many markets does Spotify operate?

Spotify operates in 184 markets worldwide.