Spotify released its financial results for the July-September period and performance is better than expected. The music streaming platform now boasts a total of 320 million monthly active users (MAUs) which is up by 7% from the 299 million MAUs it reported at the end of Q2 and 29% more than Q3 2019.

Premium users now number 144 million, which is a 5% increase over the previous quarter and an impressive 27% yearly growth.

Spotify Q3 financial results

These numbers still put Spotify as the runaway leader in the music subscription services category, well ahead of Apple Music which…

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