Spotify is forecasting weak profit as growth in monthly active users slows in key markets, according to multiple reports. The company expects to reach 788 million monthly active users in the third quarter, a figure that reflects continued expansion but slower momentum in North America and Europe. Spotify’s outlook points to pressure on profitability, even as it continues to grow its user base globally. The reports attribute the softer performance to decelerating user growth in those regions, which can affect revenue and operating leverage. While the company continues to rely on its music and podcast subscription and advertising businesses, investors are watching closely for improvements in margins and for signs that user growth can re-accelerate. The forecast also signals that Spotify may face near-term challenges translating user additions into stronger earnings. Overall, the coverage presents a consistent picture: Spotify’s third-quarter guidance includes weaker profit expectations, alongside continued growth toward 788 million monthly active users, but with slower expansion specifically in North America and Europe.