(Updated - October 25, 2022 4:11 PM EDT)

Spotify (NYSE: SPOT) reported Q3 EPS of (EUR0.99), $0.11 worse than the analyst estimate of (EUR0.88). Revenue for the quarter came in at EUR3.04 billion versus the consensus estimate of EUR3.02 billion.

• Outlook for Q4’22 The following forward-looking statements reflect Spotify’s expectations for Q4 2022 as of October 25, 2022 and are subject to substantial uncertainty. Total Premium Subscribers Total Revenue Gross Margin €3.2 billion 202 million 24.5% Total MAUs 479 million Implies the addition of approximately 23 million net new MAUs in the quarter

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