Spotify announces Q1 financial results, reports 22% rise in revenue at $2bn
The music streaming platform also reported an increase in the subscriber base at 130m for Q1 of 2020.
The music streaming platform also reported an increase in the subscriber base at 130m for Q1 of 2020.
Apart from that, Alphabet reported total earnings for its first fiscal quarter of 2020, including revenue of $41.2bn and net income of $6.8bn.
The increase in net loss was primarily the result of debt extinguishment costs associated with Iridiums refinancing of its senior unsecured notes.
Reed Hastings, CEO of Netflix.Netflix posted first-quarter earnings with revenue that was in line with analysts' estimates but the company has grown slower than it expected. It reported ...