Spotify expects its paid subscriber ratio to hit 46% by the end of 2018

Spotify expects its paid subscriber ratio to hit 46% by

Spotify expects its paid subscriber ratio to hit 46% by the end of 2018 on a paid plan. By the end of this year, Spotify projects that it will have between 198 million and 208 million MAUs, of

Spotify expects its paid subscriber ratio to hit 46% by

In impact, 44 % of its customers are actually on a paid plan. Via the top of this yr, Spotify tasks that it is going to have between 198 million and 208 million MAUs, of which 92 million to 96 million are paying.

Spotify expects to have close to 100m paying subscribers

Spotify has officially told Wall Street that it expects to have somewhere between 92m and 96m paying subscribers by the end of 2018 – up 30%-36% year-on-year. That would represent a rise of around 23m on the 71m subscribers it has confirmed it attracted by the end of 2017.

Spotify public trading guidance expects nearly 100 million

Mar 26, 2018 · Spotify expects to reach nearly 100 million paid subscribers and around 200 million total listeners by year’s end, the music-streaming service said Monday.

Spotify Projects Slower Growth, 90 Million+ Subscribers by

Spotify expects revenue to grow by around 20 to 30 percent this year — and between 92 and 96 million paying subscribers — the company announced on Monday, in guidance issued ahead of its

Spotify starts trading at $165.90, up 25% on NYSE

Its overall user base is more than 168 million, and the company recently revealed that it expects its paid-to-free user ratio to hit 46 percent by the end of 2018.

Spotify expects its 2018 revenue to grow 20% to 30%

Mar 26, 2018 · Watch video · Spotify expects revenue to grow 20 percent to 30 percent this year as currency swings slow the pace from 2017. The Swedish company said it expected 2018 revenue of $6.1 billion to $6.8 billion

Author: Reuters

Spotify Projects Shrinking Losses, Nearly 100 Million

A week before its Wall Street debut, Spotify is painting a fairly rosy financial picture for the remainder of 2018, complete with double-digit increases in revenue and paid subscribers.

Spotify misses on revenue in first earnings report with

May 02, 2018 · The music company now has $1.91 billion in cash and cash equivalents at the end of Q1. As for Q2 guidance, Spotify expects 175 to 180 million MAU, 79 to 83 million paid subscribers…

Spotify users – subscribers in 2018 | Statista

As of June 2018, Spotify had 83 million paying subscribers worldwide, up from 57 million paying subscribers in June 2017. Spotify is a music streaming service originally founded in 2006 in Sweden.

What Is Spotify’s Valuation Right Now? — The Motley Fool

Spotify said it hit 70 million paid subscribers this month, while its biggest competitor, Apple (NASDAQ:AAPL) Music, told Billboard in September that it had less than half that amount, with just

Spotify Officially Hits 50 Million Paid Subscribers

Spotify, the world’s largest music subscription service, today announced a major milestone: 50 million paid subscribers. In a post on Twitter, the music streaming service wrote the following

Spotify Technology S.A. Announces Financial Results for

Today Spotify is reporting results for the first fiscal quarter of 2018 ending March 31, 2018. We finished the quarter with 170 million Monthly Active Users (“MAU”) and 75 million Premium Subscribers, up 30% and 45%, respectively, Y/Y.

Spotify has reached 70 million paid subscribers – GizBrain

Spotify has reached 70 million paid subscribers, report the leading streaming music platform. This means that for the last half year, 10 million new subscribers has decided to to join the platform. For comparison, the competing Apple Music has “barely” 30 million subscribers, who are paying a monthly fee. The latest data is from September 2017.

Spotify continues to pick up fans on Wall Street in stock

RBC Capital Markets analyst Mark Mahaney is the biggest Spotify bull so far, with an overweight rating and a $220 price target, or about 46% above its current trading level.