** Shares of Swedish audio-streaming giant Spotify SPOT.N rise 9.3% to $600.10 in premarket trading
** Co expects Q1 operating income of 548 million euros ($566.19 million) above analysts' average ests of 450.6 million euros, as per data compiled by LSEG
** SPOT forecast Q1 monthly active users (MAUs) of 678 million, in line with estimates of 679.4 million
** Co benefits from steady user growth, price hikes and a cost-cutting drive
** Co also posted Q4 premium subscribers growth of 11% to 263 million, vs Visible Alpha estimates of 260 million
** Reports Q4 revenue growth of 16% to 4.24 billion euros, beating estimates of 4.19 billion euros
** In 2024, the stock rose 138%
(Reporting by Kritika Lamba in Bengaluru)
((Kritika.Lamba@thomsonreuters.com))
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