> ## Content Index > Fetch the complete content index at: https://www.hypebot.com/llms.txt > Use this file to discover other available public pages before exploring further. # Spotify Reports 170M Users, Stock Drops 8% - URL: https://www.hypebot.com/spotify-reports-170m-users-stock-drops-8/ - Published: 2018-05-02T17:48:21.000Z - Updated: 2018-05-02T17:48:21.000Z - Description: Spotify shares fell 8% in after-hours trading Wednesday, after its first quarterly earnings report.The streamer posted a user base of 170 million, including 75 million paid subscribers. That's up 4. Continue reading [https://www.hypebot.com/hypebot/2018/05/spotify-reports-170m-users-stock-drops-8.ht - Author: Bruce Houghton - Tags: Music Business, Music Tech, Streaming, Advertising, Ali Salman, Apple Music, Daily Mix, Freemium, Mobile app, playlist, Spotify, Streaming media, United States, #wp, #wp-post, #Import 2026-01-21 10:05 [![Spotify new](http://hypebot.typepad.com/.a/6a00d83451b36c69e20224df2fb4ef200b-200wi "Spotify new")](http://hypebot.typepad.com/.a/6a00d83451b36c69e20224df2fb4ef200b-popup?ref=hypebot.com)Spotify shares fell 8% in after-hours trading Wednesday, after its first quarterly earnings report.The streamer posted a user base of 170 million, including 75 million paid subscribers. That's up 4 million paid users in 3 months and met analysts expectations. But the streamer's guidance for current quarter revenue fell slightly under estimates.Slower revenue growth is especially important since Spotify continues to lose money. For some investors and analysts rapid user growth can trump weak revenue. But with Apple Music and other competitors charging hard, Spotify's predicted growth of 4 to 8 million paid subscribers in the current three months is adequate, but not overly impressive. **[READ FULL Q1 LETTER TO INVESTORS ](https://www.hypebot.com/Shareholder-Letter-Q1-2018.pdf)** **Highlights for Q1** - Revenue: $1.37 billion up. Last year, Spotify reported revenue of $1.09 billion. - Paid subscribers: 75 million - Ad-supported monthly active users: 99 million - By contrast, Apple Music recently reported 40 million total subscribers (all paid) **Guidance For Q2** - Revenue: $1.32 billion to $1.56 billion. Analysts has expected revenue guidance in the upper end of that range - Subscribers: 79 to 83 million in Q2 - Paid subscriptions should rose to between 92 and 96 million by the end of 2108 Last week, [Spotify announced](https://www.hypebot.com/spotify-expands-free-music-adds-assisted-playlists/) an expanded free music tier with ad supported access to 15 playlists including Discover Weekly, Release Radar and Daily Mix, along with Spotify curated playlists individualized to each user. A new feature offers "assisted playlists" that suggest songs to add to personal playlists based on each user's taste; and a "new Data Saver" setting could "save up to 75% of data usage" via predictive song caching. Related articles [![](http://i.zemanta.com/379864225_80_80.jpg)](https://www.hypebot.com/new-analysis-calculates-compares-per-stream-payouts-from-spotify-apple-music-pandora-youtube-and-mor/)[New Analysis Calculates, Compares Per Stream Payouts From Spotify, Apple Music, Pandora, YouTube and More](https://www.hypebot.com/new-analysis-calculates-compares-per-stream-payouts-from-spotify-apple-music-pandora-youtube-and-mor/) [![](http://i.zemanta.com/AWMb1tUvhrquzSebycmc_80_80.jpg)](https://www.hypebot.com/hypebot/2018/04/apple-music-extends-free-trial-beyond-3-months-.html)[Apple Music Extends Free Trial Beyond 3 Months – hypebot](https://www.hypebot.com/hypebot/2018/04/apple-music-extends-free-trial-beyond-3-months-.html) [![](http://i.zemanta.com/AWKL4A1Q0FAAoAWTUNwm_80_80.jpg)](https://www.hypebot.com/its-dpo-day-for-spotify-spot-mark-mulligan/)[It's D(PO)-Day For Spotify \[SPOT\] – Mark Mulligan – hypebot](https://www.hypebot.com/its-dpo-day-for-spotify-spot-mark-mulligan/) [![](http://i.zemanta.com/380162348_80_80.jpg)](https://www.hypebot.com/hypebot/2017/08/spotify-set-to-dominate-music-as-google-does-search-.html)[Spotify Is Set To Dominate Music Just Like Google Dominates Search](https://www.hypebot.com/hypebot/2017/08/spotify-set-to-dominate-music-as-google-does-search-.html) [![](http://i.zemanta.com/382867331_80_80.jpg)](https://www.hypebot.com/hypebot/2018/03/spotify-threatens-users-of-hacked-apps-with-suspension-.html)[Spotify Threatens Hacked App Users With Suspension As Practice Spreads](https://www.hypebot.com/hypebot/2018/03/spotify-threatens-users-of-hacked-apps-with-suspension-.html) [![](http://i.zemanta.com/AWKbDcE1hrquzSebyW1v_80_80.jpg)](http://www.qrcodepress.com/spotify-ipo-a-resounding-success-on-wall-street/8534405/?ref=hypebot.com)[Spotify IPO a resounding success on Wall Street](http://www.qrcodepress.com/spotify-ipo-a-resounding-success-on-wall-street/8534405/?ref=hypebot.com) [![](http://i.zemanta.com/378424148_80_80.jpg)](https://www.hypebot.com/at-32-million-subscribers-apple-music-challenges-spotify-as-streaming-leader/)[At 32 Million Subscribers, Apple Music Challenges Spotify As Streaming Leader](https://www.hypebot.com/at-32-million-subscribers-apple-music-challenges-spotify-as-streaming-leader/) [![](http://i.zemanta.com/AWMMZHzSxitxOgoF5BFp_80_80.jpg)](https://www.hypebot.com/spotify-to-test-raising-subscription-prices-next-month/)[Spotify To Test Raising Subscription Prices Next Month – hypebot](https://www.hypebot.com/spotify-to-test-raising-subscription-prices-next-month/) [![](http://i.zemanta.com/377304485_80_80.jpg)](https://www.hypebot.com/hypebot/2017/02/33-of-us-broadband-households-now-pay-to-stream-music-amazon-prime-music-surges-50-to-1-spotify-2-.html)[33% Of US Net Households Pay To Stream Music: Amazon Prime Music Surges 50% To #1, Spotify #2](https://www.hypebot.com/hypebot/2017/02/33-of-us-broadband-households-now-pay-to-stream-music-amazon-prime-music-surges-50-to-1-spotify-2-.html)