Spotify said in its Q4 earnings report that while it bled another $231 million in cash, subscribers rose to 489 million.Following its laying off of 6% of its workforce, Spotify has reported mixed results for its latest financial earnings."[Monthly Active Users] net additions reached a quarterly record-high of 33 million in Q4, 10 million above guidance," said the company in its full financials document. "Subscriber growth also materially outperformed, exceeding guidance by 3 million net additions." Read more
