Sirius XM: Q1 Earnings Snapshot
By Ap News
Published - Apr 30, 2024, 07:18 AM ET
Last Updated - May 27, 2024, 01:05 AM EDT
NEW YORK (AP) — NEW YORK (AP) — Sirius XM Holdings Inc. (SIRI) on Tuesday reported first-quarter net income of $265 million.
The New York-based company said it had net income of 7 cents per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The satellite radio company posted revenue of $2.16 billion in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $2.13 billion.
