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Spotify sees Q1 total MAUs 678M

Spotify sees Q1 total MAUs 678M

Implies the addition of approximately 3M net new MAUs in the quarter. Sees Q1 total premium subs 265M, which implies the addition of approximately 2M net new subscribers in the quarter. Sees Q1 gross margin 31.5%, primarily driven by Y/Y favorability across Premium and Ad-Supported segments.

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