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Spotify’s user base swells to 515 million listeners, but financial losses persist [TechSpot]
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Total revenue for the quarter hit €3.04 billion ($3.3 billion), an increase of 14 percent YoY but down four percent quarter over quarter. Spotify reported a net loss of €225 million, or €1.16 per share, for the quarter compared to a profit of €131 million / €0.68 per share a year earlier.