What Investors Need to Know About Spotify's Q2 Earnings

What Investors Need to Know About Spotify's Q2 Earnings

Spotify (NYSE: SPOT), the world's largest audio streaming platform, released its second-quarter earnings this week. During the second quarter, Spotify reached 365 million total monthly active users (MAUs) -- a 22% increase year over year. While 22% growth is still quite strong, the figure came in just below the company's own guidance of 366 million to 373 million MAUs.