Spotify released its latest quarterly results today, revealing strong year-over-year growth across a broad range of KPIs. The stock price soared on the back of the news, with shareholders surely satisfied with a 57 percent increase in earnings per share - from €0.23 in Q3 2018 to €0.36 in Q3 2019. Monthly active users and premium subscriber numbers also underwent significant growth, at 30 and 31 percent respectively. Gross profit was also up 29 percent on the back of a 28 percent rise in total revenue. This all led to the music streaming service posting health net income of €241 million for the quarter.