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Spotify Hits Record 551 Million Active Users Amid Growing Expenses (www.hollywoodreporter.com)

submitted 2 years ago by realcaseyrollins@kbin.projectsegfau.lt to c/finance@exploding-heads.com

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Operating expenses at the company, which has been promising to focus on profitability, grew to reach €247 million, missing the company’s guidance of €129 million.

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