Spotify Technology S.A. (NYSE:SPOT) reported downbeat earnings for its third-quarter on Tuesday. Spotify reported quarterly earnings of $1.46 per share, which missed the analyst consensus estimate of $1.76. The company reported quarterly sales of $3.99 billion which missed the analyst consensus estimate of $4.02 billion and is an increase over sales of $3.65 billion from the same period last year. “The business delivered strong third quarter results, as all of our KPIs met or exceeded guidance and profitability reached record levels,” the company wrote in a letter to shareholders. Spotify shar…