"We’re where we set out to be — if not a little further — and on a steady path toward achieving our long-term goals," said CEO Daniel Ek.

Spotify cranked up the volume with another strong quarter, packing on 6 million paying subscribers globally in Q3. The audio streaming giant met or exceeded its previous Q3 forecasts on financial and subscriber metrics.

Music streaming giant Spotify grew monthly active users and premium subscribers last quarter, beating forecasts, as the stock rose 9% after the numbers.

Spotify shares jumped in extended trading on Tuesday after the streaming media giant topped Wall Street’s third-quarter subscriber growth estimates and issued a better-than-expected profit outlook. Monitor these important chart levels.

Spotify's profit more than quadrupled during the third quarter, the music streaming heavyweight reported on Tuesday

Spotify's Q3 results and new features signal strong growth. Learn why SPOT stock is a buy with a $500 price target and a promising ad revenue outlook.

Spotify added more subscribers than expected in the third quarter, sending shares higher after the bell Tuesday.

Streaming music leader Spotify beat expectations for subscribers and total users in the third quarter. Spotify stock surged in extended trading.