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NEW YORK (AP) _ Sirius XM Holdings Inc. (SIRI) on Thursday reported fourth-quarter profit of $365 million.
The New York-based company said it had profit of 9 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.
The satellite radio company posted revenue of $2.28 billion in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $2.3 billion.
For the year, the company reported profit of $1.21 billion, or 31 cents per share. Revenue was reported as $9 billion.
Sirius XM expects full-year revenue of $9 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a SIRI">Zacks stock report on SIRI at https://www.zacks.com/ap/SIRI