Storytel AB announced operating results for the fourth quarter and full year of 2018. For the quarter, the average number of Swedish subscribers totaled 345,000, or 4,200 more than forecast. The average number of international subscribers was 423,500, slightly lower than the forecast though still in line with expectations, and representing an increase of 39,000 paying subscribers compared to the third quarter of 2018. International streaming revenue totaled approximately SEK 151 million during the fourth quarter of 2018, about SEK 1 million lower than forecast.

During 2018, the total number of international subscribers increased by 182,000.

For the fourth quarter, the company expects In addition, revenue forecasts were surpassed by approximately SEK 2.5 million and Swedish streaming revenue totaled SEK 140 million.