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Spotify Q3 Monthly Active Users Rise 11% to 788 Million

Spotify said Premium Subscribers grew 9% to 306 million, 1 million above company guidance. It also issued a fourth-quarter outlook; the available report does not specify its terms.

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Spotify Technology (SPOT, 639.DE, 1SPOT.MI) said Total Monthly Active Users, or MAUs, increased 11% year over year to 788 million in the third quarter. Premium Subscribers rose 9% to 306 million, which was 1 million above the company's guidance. For the fourth quarter, the…