Here's a first look at Spotify's Q1 earnings, which are in line with the guidance it offered up earlier this spring: In its first - ever
quarterly report since going public last month, the streaming music company reported revenue of 1.14 billion euros, operating
losses of 41 million euros, 75 million paid
subscribers and a gross margin of 24.9 percent.
On Wednesday, Sprint, the No. 4 U.S. wireless carrier, said in its fiscal fourth - quarter earnings report that its
quarterly loss narrowed, and that it added 42,000 phone
subscribers who pay a monthly bill in the quarter.