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Spotify Q1 earnings exceed forecasts on user growth

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Based on 3 sources

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Open Questions

5 questions
Why does Spotify forecast lower operating income in Q2 despite higher revenue?
How did the price hikes affect subscriber growth and churn?
What is the exact impact of lower personnel costs on operating income?
Will the new co-CEO structure affect strategic direction?
Why is the stock declining despite exceeding expectations?
Q2 monthly active users guidancefactual

Spotify expects Q2 MAU of 778 million.

According to Dagens Industri
vs.

Spotify expects Q2 MAU of 761 million.

According to The Independent

Context: The difference of 17 million users significantly affects growth expectations and investor confidence; The Independent's figure appears to be an error as it matches Q1 actual.

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