reported its first quarterly profits in more than a year after
Despite the increased fees, the music streaming platform gained 336 million paying subscribers year on year, boosting its revenue 11 percent to $3.56 billion.
Reduced costs, thanks to slimmed down spending on marketing and staff, saw it post its first positive operating income in more than year, albeit a relatively slim $34 million. Its profits were around $69 million.
Load More
Yorumlar
Kalan Karakter: