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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Sirius XM Holdings Inc | NASDAQ:SIRI | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.0402 | -1.26% | 3.1398 | 3.13 | 3.14 | 3.21 | 3.12 | 3.18 | 10,209,828 | 21:47:11 |
From May 2019 to May 2024
By Cara Lombardo
Sirius XM Holdings Inc. (SIRI) reported its first-quarter earnings Wednesday. Here's what you need to know:
EARNINGS: The radio company reported net income of $289 million, or 6 cents a share, up from $207 million, or 4 cents a share, a year ago. The increase includes a $31 million unrealized gain associated with a fair value change of the company's investment in Pandora (P). Analysts polled by Thomson Reuters had expected adjusted earnings of 5 cents a share.
REVENUE: Revenue increased 6% from a year ago to $1.4 billion, which is what analysts expected. Average revenue per user was flat from a year ago at $12.95.
SUBSCRIBERS: Sirius added 330,000 subscribers during the quarter, topping 33 million paying subscribers at quarter-end.
GUIDANCE: The company reiterated its 2018 guidance of revenue of about $5.7 billion.
Write to Cara Lombardo at cara.lombardo@wsj.com
(END) Dow Jones Newswires
April 25, 2018 07:32 ET (11:32 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
1 Year Sirius XM Chart |
1 Month Sirius XM Chart |
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