Spotify Technology S.A. Announces Financial Results for Third Quarter 2021

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Go back to Spotify Technology S.A. Announces Financial Results for Third Quarter 2021

Spotify (SPOT) Stock Gains on Rising Revenue and 19% Increase in Paid Subscribers

October 27, 2021 7:04 AM EDT

Shares of Spotify (NYSE: SPOT) are up over 1% in pre-open Wednesday after the Sweden-based company reported its Q3 earnings.

Spotify reported a negative EPS of 0.41, better than the negative 0.58 reported a year ago. Revenue for the quarter came in at 2.5 billion, ahead of the 2.45 billion consensus... More