Here are the numbers

EPS expected 3.46 Actual 4.04

Revenue Expected 5.3 billion in revenue Actual 5.30 billion

Some other key metrics were gaining 3 million Premium subscribers in the period to reach 293 million total, notwithstanding its recent price increases in the U.S.

Total monthly active users (including both free and paid) climbed 12% year over year to 761 million, slightly ahead of its prior guidance of 759 million.

The company’s Q1 gross margin of 33.0% was its second-highest to date, up from 31.6% a year prior.

Spotify forecast second-quarter earnings and premium subscribers below Wall Street estimates on Tuesday.

Street isn't happy with guidance sort of like Netflix and their earnings.

Disclosure I own spotify shares