“I Thought It Was A Good Quarter,” Says Jim Cramer On Spotify (SPOT)

Core Insights - Spotify Technology S.A. (NYSE:SPOT) recently gained attention after its earnings report, which showed revenue of €4.27 billion and earnings per share of €3.28 for Q3, surpassing analyst expectations [2] - The company's Q4 revenue guidance of €4.5 billion was slightly below StreetAccount estimates of €4.56 billion [2] - Jim Cramer has previously referred to Spotify as a "serial outperformer" and "the best streaming audio platform around," indicating a positive outlook on the company's performance [2] Financial Performance - Q3 revenue: €4.27 billion, beating estimates of €4.23 billion [2] - Q3 earnings per share: €3.28, exceeding estimates of €1.97 [2] - Q4 revenue guidance: €4.5 billion, slightly below the expected €4.56 billion [2] Market Reaction - Despite historical trends of poor stock performance on earnings report days, Spotify's stock was noted to be up early in the morning following the earnings announcement [3] - Cramer observed that the stock was up 20 points at 6:30 AM, highlighting its erratic nature [3]