Spotify predicts big numbers for 2018

Yahoo Finance Video

Ahead of their IPO next week, Spotify is predicting that 2018 will be a very good year.

In a disclosure today, here's what the company thinks will happen...

-End 2018 with 96 million paid subscribers, an increase of 25 million

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-Revenue to hit 6.6 billion. Up 30%

-Gross margins up 25% from 21%

-Operating losses will shrink from $500M to $409M


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