Spotify stock falls on revenue miss, lackluster guidance

Group 1 - The core viewpoint is that Spotify's shares fell approximately 4% after the company reported weaker-than-expected financial results and guidance for the upcoming quarter [1][2] - Spotify's revenues increased by 10% year-over-year, reaching about 3.81 billion euros in the previous year [1] - The company reported a net loss of 86 million euros, translating to a loss of 0.42 euros per share, a significant decline from a net income of 225 million euros or 1.10 euros per share in the same quarter last year [1] Group 2 - The third-quarter revenue guidance is below Wall Street's expectations, with Spotify projecting revenues of 4.2 billion euros compared to the 4.47 billion euros forecasted by analysts [2] - The forecast includes a 490-basis-point headwind attributed to foreign exchange rates [2] - Actual revenue for the last quarter was 4.19 billion euros, which also fell short of the expected 4.26 billion euros [3]