Sirius XM matches 3Q net income expectations, tops revenue forecasts

We also have more stories about:
(click the phrases to see a list)



NEW YORK — Sirius XM Holdings Inc. (SIRI) on Tuesday reported third-quarter earnings of $136.2 million.

The New York-based company said it had profit of 2 cents per share.

The results matched Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 2 cents per share.

The satellite radio company posted revenue of $1.06 billion in the period, which topped Street forecasts. Analysts expected $1.02 billion, according to Zacks.

Sirius XM expects full-year revenue of $4.15 billion.

The company's shares closed at $3.35. A year ago, they were trading at $3.75.


This story was generated by Automated Insights using data from Zacks Investment Research. SIRI stock research report from Zacks.


Keywords:Sirius XM,Earnings Report

All content copyright ©2014 Daily Reporter, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Click here to read our privacy policy.
Daily Reporter • 22 W. New Road • Greenfield, IN 46140 • (317) 462-5528