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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Liberty Media Corp. - Series A (MM) | NASDAQ:LMCAD | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 110.55 | 0 | 01:00:00 |
Sirius XM Holdings Inc. on Thursday lifted its revenue and subscriber guidance for the year again, as new subscriber additions jumped 21% in the third quarter.
Shares of Sirius, up 12% this year, added 1% in premarket trading.
Sirius now expects net subscriber additions of 2 million, up from its prior guidance of 1.8 million. The company is forecasting revenue of $4.53 billion, compared with its previous guidance of $4.5 billion.
During the quarter ended Sept. 30, Sirius XM added a net 525,000 new subscribers, compared with net additions of 433,000 a year ago.
Total paid subscribers grew 8% to 29 million, as monthly churn, or the rate at which subscribers left, was flat at 1.9%.
Overall, the company posted a profit of $166.6 million, or 3 cents a share, up from $136.2 million, or 2 cents a share, a year earlier. Revenue grew 11% to $1.17 billion.
Analysts polled by Thomson Reuters had forecast 3 cents a share in earnings on $1.15 billion in revenue.
Write to Chelsey Dulaney at Chelsey.Dulaney@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
October 22, 2015 08:05 ET (12:05 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
1 Year Liberty Media Corp. - Series A (MM) Chart |
1 Month Liberty Media Corp. - Series A (MM) Chart |
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