Revenue was in line and grew 21% for the three months ended in September to 4 billion euros.

Premium revenue rose by 21%; ad-supported revenue grew by 6%.

Operating income was a beat at 454 million euros.

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Free cash flow jumped to 711 million euros.

The company is heading to full-year profitability in Q4.

Weve never been in a stronger position, thanks to the outstanding execution by our team.

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Im incredibly proud of the way weve delivered and the progress weve made, said CEODaniel Ek.

I am very excited about what lies ahead for us.

CEO Daniel Ek will discuss the numbers with analysts at 5 pm ET.