Spotify Sees Q1 MAUs 279M-289M, Sees FY20 MAUs 328M-348M

Q1 2020 OUTLOOK These forward-looking statements reflect Spotify’s expectations as of February 5, 2020 and are subject to substantial uncertainty. Q1 2020 Guidance: Total MAUs: 279-289 million Total Premium

Benzinga · 02/05/2020 11:07

Q1 2020 OUTLOOK

These forward-looking statements reflect Spotify’s expectations as of February 5, 2020 and are subject to substantial uncertainty.

Q1 2020 Guidance:

  • Total MAUs: 279-289 million
  • Total Premium Subscribers: 126-131 million
  • Total Revenue: €1.71-€1.91 billion
  • Gross Margin: 23.5-25.5%
  • Operating Profit/Loss: €(65)-€(115) million

Full Year 2020 Guidance:

  • Total MAUs: 328-348 million
  • Total Premium Subscribers: 143-153 million
  • Total Revenue: €8.08-€8.48 billion
  • Gross Margin: 23.2-25.2%
  • Operating Profit/Loss: €(150)-€(250) million