Reve-News: Spotify reported revenue of €3.64 billion (approximately $3.89b) for Q1 2024, up 20% year-to-year on a constant currency basis. Ad-supported revenue increased 18% to €389 million ($416m). Total monthly average users (MAUs) grew to 615 million, up 19% year-to-year, while premium subscribers grew 14% to 239m. See the complete earnings release here.