The company is expanding its offering to listeners, which is coming at a cost to its bottom line.
Investors were dissatisfied with Spotify's (SPOT -3.31%) most recent quarterly report. The company highlighted rising expenses as it maintains growth investments. Thankfully, those investments are attracting new subscribers. This video will highlight some key figures from Spotify's Q3 results.
Stock prices used were the afternoon prices of Oct. 30, 2022. The video was published on Nov. 1, 2022.
Parkev Tatevosian has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Spotify Technology. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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