Spotify Stock Jumps 14% on Strong Q4 Earnings and Record Subscriber G…

Spotify ended Q4 with 751 million monthly active users (MAUs), up 11% from a year earlier. The company said it added 38 million net new MAUs in the quarter, which it described as a record for Q4.

Premium subscribers rose to 290 million, up 10% year over year, with 9 million net additions in Q4. Ad-supported MAUs reached 476 million, up 12% from the prior year, which kept the funnel for future…