Spotify swings to profit; paying subscribers rise
by Japan Today
Japan Today— Music and podcast streaming giant Spotify reported Tuesday an increase in the number of paying subscribers and a rare but lower-than-expected operating profit for the first quarter. The company posted a "new quarterly high" operating profit of 168 million euros ($179 million) -- a turnaround from a loss of 156
Music Business Worldwide—Spotify subscriber base grew by 3m to 239m in Q1, as company posts biggest ever quarterly profit. Spotify posted a "quarterly high" operating income of €168 million ($182.41m) Source
Bloomberg—AT&T Beats Profit Estimates on Jump in Wireless Subscribers. AT&T Inc. beat analysts' estimates for profit in the first quarter as it added more wireless phone customers than expected.
Bloomberg.com—AT&T Beats Profit Estimates on Jump in Wireless Subscribers. AT&T Inc. beat analysts' estimates for profit in the first quarter as it added more wireless phone customers than expected.