Spotify issues guidance for 2018: subs 96M, up 36% YoY, revenue $6.9B, up 30% YoY, gross margins 25%, up from 21%, operating losses $409M, down from $500M (Peter Kafka/Recode)

Peter Kafka / Recode:
Spotify issues guidance for 2018: subs 96M, up 36% YoY, revenue $6.9B, up 30% YoY, gross margins 25%, up from 21%, operating losses $409M, down from $500M  —  Ahead of its IPO, the streaming service offers its first-ever guidance: Revenue, subs, margins will be up, operating losses will go down

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