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



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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.

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

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Keywords:Sirius XM,Earnings Report

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