Spotify Just Put Up Another Great Earnings Result: Here's What It Means for the Stock

Spotify (NYSE: SPOT), the world's largest audio streamer, released its third-quarter results before the market opened on Wednesday. According to management, the company grew its users, revenue, and profits better than expected for the period. This is likely why investors were excited about the results, sending Spotify stock up over 5% in Wednesday's trading session as of this writing. 

Here's what these Q3 results mean for Spotify's stock going forward. 

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Source Fool.com