Sirius XM Holdings Inc

Sirius XM Holdings, Inc. is an audio entertainment company, which offers music, sports, entertainment, comedy, talk, news, traffic and weather channels, as well as infotainment services. Its brand channels include SiriusXM Traffic, SiriusXM Travel Link, NavTraffic, NavWeather, SiriusXM Aviation, and SiriusXM Marine. The firm operates through the following segments: Sirius XM and Pandora. The company was founded on May 17, 1990, and is headquartered in New York, NY.

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SiriusXM reports record EBITDA in 2022, eyes tech investments in 2023

SiriusXM delivered strong financial performance in 2022, focusing on cost savings, efficiency, and enhancing customer experience.
Anticipate challenges in the advertising market and subscriber growth for 2023, but opportunities lie in technology enhancements and diverse content offerings.
Maintaining a conservative stance on capital returns, SiriusXM aims to navigate economic uncertainties and drive growth through strategic investments and cost reductions.

Sirius XM Hlds (SIRI) exceeds Q1 expectations, focuses on growth

Sirius XM Hlds (SIRI) had a strong Q1 performance, focusing on subscriber growth, content expansion, and improving marketing strategies. While facing challenges in subscriber growth and ad revenue, they are capitalizing on opportunities through new platform launches and strategic partnerships.

Sirius XM Holdings reports robust Q2 performance and eyes growth

Sirius XM Holdings delivered a strong Q2 performance with revenue growth, EBITDA expansion, and strategic investments driving future growth. The company is focused on cost efficiency, cash flow generation, and reinvesting in content and technology. Challenges include addressing streaming margins, churn trends, and advertising dynamics, with opportunities in geographic growth and podcast programmatic initiatives.

SiriusXM reports strong Q3 earnings, focuses on user experience

SiriusXM's Q3 2023 Earnings Call showcased robust financial results, strategic initiatives to enhance user experience, and a focus on innovation in programming and content delivery. The company's performance reflects a positive outlook for future growth, supported by ongoing investments in technology and subscriber engagement.

Sirius XM exceeds Q4 expectations, focuses on content and partnerships

Sirius XM's Q4 2023 earnings call showcased strong financial performance, a focus on strategic investments in content and technology, and plans for improving self-pay net adds in 2024. The company aims to balance cost efficiencies with growth initiatives, target leverage levels, and enhance subscriber value through original content and partnerships.

SiriusXM reports solid Q1 performance, eyes growth through innovation

SiriusXM's Q1 2024 performance showcased revenue growth, cost optimization, and strategic investments in technology and customer experience.
While facing challenges in subscription revenue and free cash flow, the company's strengths in ad revenue, partnerships, and innovation position it well for future opportunities.
Opportunities in AI tools, targeted advertising, and monetization strategies present avenues for growth, alongside potential challenges in managing ARPU and cost efficiencies.

Sirius XM Holdings reports stable Q2 earnings, focuses on subscription growth

Sirius XM Holdings' Q2 2024 earnings call highlighted stable financial performance, growth in adjusted EBITDA, and strategic efforts to enhance the Subscription business. Challenges include net add trends and cost optimization amidst opportunities in content strategies, international sales, and revenue potential from ad-supported plans.

Sirius XM reports Q3 revenue decline, focuses on subscriber growth

Sirius XM faced revenue and EBITDA declines in Q3, with a significant impairment charge related to the Liberty Media transaction.
Despite challenges, the company is focusing on subscriber growth through new pricing structures and podcast network agreements.
Opportunities lie in collaborations with major brands, enhancing customer experiences, and expanding content offerings for sustained growth.

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SiriusXM Holdings, Inc. engages in the provision of audio entertainment. It operates through Sirius XM and Pandora and Off-Platform segments. The company was founded on May 17, 1990, and is headquartered in New York, NY.

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The GuruFocus business predictability rating ranks companies on a five-star scale, defining the more predictable companies as businesses whose revenue per share and Ebitda per share (or book value per share in the case of financial stocks) have been growing steadily and who have produced a strong long-term performance of their stock prices.

4 Stock Picks for a Long-Term Investment Approach

Exclusive show to air live on SiriusXM's The Highway on June 7 NEW YORK , May 17, 2022 /PRNewswire/ -- SiriusXM and Pandora today announced that country superstar Thomas Rhett will perform an exclusive concert for SiriusXM subscribers and Pandora listeners on Tuesday, June 7. SiriusXM subscribers and Pandora listeners can RSVP for free HERE.

Thomas Rhett to Perform Concert for SiriusXM and Pandora

The Prom Night suite captures songs from the big dance for the classes of 1995 through 2022 OAKLAND, Calif. , May 12, 2022 /PRNewswire/ -- Today, Pandora unveiled Prom Night, its largest suite of stations to date, all in celebration of the 2022 prom season.

Pandora Celebrates Prom Season with Twenty-Eight Brand New Stations

NEW YORK , May 9, 2022 /PRNewswire/ -- SiriusXM announced today that Jessica Casano-Antonellis has joined as Senior Vice President and Head of Communications, reporting to Chief Marketing Officer Denise Karkos. She will be responsible for all aspects of the Company's communications function, including strategic communications, brand reputation management and media relations.

JESSICA CASANO-ANTONELLIS NAMED SENIOR VICE PRESIDENT AND HEAD OF COMMUNICATIONS FOR SIRIUSXM

SiriusXM will continue to air every FIA FORMULA ONE WORLD CHAMPIONSHIP™ Race on SiriusXM radios and the SXM App through the 2024 season FORMULA 1 CRYPTO.COM MIAMI GRAND PRIX 2022 airs live this Sunday, May 8 New weekly F1 ®  show, "Wheel to Wheel," airs Wednesday nights exclusively on SiriusXM NEW YORK , May 5, 2022 /PRNewswire/ -- Formula 1® and SiriusXM announced today a multi-year extension to their relationship, which will continue to deliver coverage of every F1® race to SiriusXM listeners nationwide through 2024. All Formula 1 races will be available to subscribers on SiriusXM radios and on the SXM App.

Formula 1® and SiriusXM Announce Multi-Year Extension

BMW drivers can create personalized Pandora Stations in the car, for the first time, on models equipped with next gen SiriusXM with 360L radios NEW YORK , May 5, 2022 /PRNewswire/ -- BMW vehicles equipped with SiriusXM with 360L radios now offer Pandora Stations, a new in-car feature from SiriusXM that employs Pandora's listener personalization technology and gives BMW owners the ability to customize their own ad-free music channels in the car that will play more of what they want to hear. The Pandora Stations feature on SiriusXM with 360L radios is one of the technology enhancements that have been rolled out to BMW customers with properly equipped 2021 models.

SiriusXM's Pandora Stations Now Available in BMW Vehicles

Podcast series explores awkwardness, anxiety, heartbreak, and self-discovery experienced during adolescence Initial slate of special guests includes Amy Schumer, Andy Grammer, Ayo Edebiri, Drew Barrymore, Jenna Ortega, Leighton Meester, Rainn Wilson, Shay Mitchell, Tati Gabrielle, Victoria Pedretti NEW YORK , May 4, 2022 /PRNewswire/ -- Stitcher, the Triton-ranked #1 podcast company and SiriusXM subsidiary, announced today a new podcast series created and hosted by Penn Badgley (You, Gossip Girl), Nava Kavelin , and Sophie Ansari . Beginning May 18, Podcrushed will explore the awkwardness, anxiety, heartbreak, and self-discovery that defines adolescence.

SiriusXM's Stitcher to Launch New Original Series "Podcrushed", Hosted by Penn Badgley, Nava Kavelin, and Sophie Ansari

Exclusive show on May 26 at the Whisky a Go Go as part of SiriusXM's Small Stage Series  Performance to air on Def Leppard's limited-run channel Def Leppard Radio and on Howard Stern's Howard 101 New Album "Diamond Star Halos" Out May 27 – The Stadium Tour with Mötley Crüe Set to Kick Off June 16 NEW YORK , May 4, 2022  /PRNewswire/ -- SiriusXM announced today that legendary rock band, Def Leppard, will play a special invitation-only concert in Los Angeles at the Whiskey a Go Go for SiriusXM listeners. The intimate performance, part of SiriusXM's Small Stage Series, will take place on Thursday, May 26, in celebration of Def Leppard's forthcoming album Diamond Star Halos which is scheduled to be released on Friday, May 27.

Def Leppard to Perform Intimate Concert in Los Angeles for SiriusXM

Sirius XM's (SIRI) first-quarter 2022 results benefit from higher advertising revenues, driven by strong demand for advertising solutions.

Sirius XM (SIRI) Earnings and Revenues Improve Y/Y in Q1

Sirius XM Holdings Inc (NASDAQ: SIRI) reported first-quarter FY22 revenue growth of 6% year-on-year to $2.19 billion, beating the consensus of $2.15 billion. Subscriber revenue expanded 6.3% Y/Y to $1.71 billion.

Sirius XM Tops Q1, Incorporates Hardware Into 83% of New Vehicles Sold in US

Sirius XM Holdings Inc (NASDAQ: SIRI) shares are trading higher by 6.70% at $6.37 after the company reported better-than-expected first-quarter sales results and reiterated guidance. SiriusXM reported quarterly earnings of 8 cents per share which met the analyst consensus estimate.

Why Sirius XM Shares Are Rising Today

Sirius XM Holdings Inc. (NASDAQ:SIRI ) Q1 2022 Earnings Conference Call April 28, 2022 8:00 AM ET Company Participants Hooper Stevens - Senior Vice President, Investor Relations and Finance Jennifer Witz - Chief Executive Officer Sean Sullivan - Chief Financial Officer Scott Greenstein - President and Chief Content Officer Conference Call Participants Jessica Reif Ehrlich - Bank of America Securities Steven Cahall - Wells Fargo Barton Crockett - Rosenblatt Securities Kutgun Maral - RBC Capital Markets Stephen Laszczyk - Goldman Sachs Jim Goss - Barrington Research Sebastiano Petti - JPMorgan Operator Good day and welcome to the SiriusXM's First Quarter 2022 Financial and Operating Results Conference Call. Today's conference is being recorded.

Sirius XM Holdings Inc. (SIRI) CEO Jennifer Witz on Q1 2022 Results - Earnings Call Transcript

Sirius XM Holdings SIRI, -1.32% shares rose 1.2% in premarket trades Thursday after the satellite media company said its first-quarter net income rose to $317 million, or 8 cents a share, from $224 million, or 5 cents a share, in the year-ago quarter. Revenue rose to $2.19 billion from $2.06 billion.

Sirius XM sticks to subscriber growth forecast and revenue beats target

Revenue in First Quarter 2022 of $2.19 Billion; an Increase of 6% Year-Over-Year First Quarter 2022 Net Income Climbs to $309 Million; Diluted EPS of $0.08 Adjusted EBITDA of $690 Million, an Increase of 1% Year-Over-Year Year-to-Date Capital Returns to Stockholders of $1.3 Billion SiriusXM Reiterates Full-Year Subscriber and Financial Guidance NEW YORK , April 28, 2022 /PRNewswire/ -- SiriusXM today announced first quarter 2022 operating and financial results, including revenue of $2.19 billion, an increase of 6%, compared to the prior year period.  The company recorded net income of $309 million in the first quarter 2022 compared to $219 million in the prior year.

SiriusXM Reports First Quarter Year 2022 Results

For the full year 2022, Sirius expects self-pay net subscriber additions of approximately 500,000, total revenue of approximately $9 billion, adjusted EBITDA of $2.8 billion, and free cash flow of over $1.6 billion.

Can Sirius Stock Trade Higher Post Q1?

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Before markets opened on Tuesday, United Parcel Service beat analysts' profit and revenue estimates for the March quarter.

Earnings Previews: Altria, Las Vegas Sands, Sirius XM

"Make It Up As We Go: Season 2" Starring Garrett Hedlund, Scarlett Burke, Elle King, Nile Rodgers, and Shooter Jennings to Premiere May 3 "Sonic Leap" Starring Anthony Anderson, Trippie Redd, and Hero The Band to Premiere May 3 Sneak Preview of Both Shows to Premiere on SiriusXM's Volume Channel May 2, Along with Other Special Programming Across SiriusXM and Pandora Featuring Show Stars and Creators NEW YORK and LOS ANGELES , April 26, 2022 /PRNewswire/ -- SiriusXM and innovative podcast content studio Audio Up today announced the forthcoming launches of two new original scripted musical podcasts, the first co-branded productions under the creative and strategic agreement between the two companies. The two new scripted podcast series – season two of critically-acclaimed country-themed musical Make It Up As We Go and highly-anticipated new sci-fi/comedy musical series Sonic Leap – were co-produced by Audio Up and SiriusXM and will premiere on May 3 across SiriusXM audio entertainment platforms -- including the SXM App, Pandora, and Stitcher -- and other major podcast platforms in the U.S. Make It Up As We Go: Season 2  continues the gripping story of ambitious young country singer Charlotte Sayles (portrayed by singer, songwriter, actor, and series co-creator Scarlett Burke), who has now made her way into Nashville's male-dominated country hit factory to shake things up and make her fame.

SiriusXM and Audio Up Inc. Announce Launch of Two New Original Scripted Podcasts Under Creative and Strategic Agreement

New live nightly "I Am Athlete Tonight" show to debut April 27 on SiriusXM's Mad Dog Sports Radio channel Development agreement between SiriusXM and I Am Athlete to create new podcast and radio content SXM Media holds exclusive ad sales rights for I Am Athlete's audio podcasts NEW YORK , April 25, 2022 /PRNewswire/ -- SiriusXM and I Am Athlete, the athlete-led media network founded by former NFL All-Pro receiver Brandon Marshall , announced today they have joined forces in a new expansive content deal that includes a live nightly radio show and other game-changing projects. The new agreement will expand the already popular I Am Athlete platform by delivering new innovative programming to more fans who want an authentic "locker room" perspective on sports and pop culture directly from those who played the game.

I Am Athlete Inks Content Deal with SiriusXM

Sirius XM (SIRI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Sirius XM (SIRI) Reports Next Week: Wall Street Expects Earnings Growth

New talk and music full-time channel features 13 shows for everything Christian Hip-Hop and Rhythm & Praise NEW YORK , April 21, 2022 /PRNewswire/ -- SiriusXM announced the launch of Holy Culture Radio, a new spiritually-inspired talk and music channel beginning today. Holy Culture Radio is the home for everything Christian Hip-Hop and Rhythm & Praise.

SiriusXM Launches Holy Culture Radio

A longtime analyst for the satellite-radio giant downgrades the stock.

Downgrading Sirius XM Stock Could Be a Mistake

New station added to Pandora's Country lineup NEW YORK , April 18, 2022 /PRNewswire/ -- Pandora today announced the launch of a new station, Country Grit. The late, great Harlan Howard once described country music as "three chords and the truth," and there's a new wave of the genre that may add a few chords but takes authenticity to a new, unapologetic level.

Pandora Launches Country Grit

The shares of Sirius XM Holdings Inc (NASDAQ:SIRI) are down 2.6% at $6.29, following a downgrade from Morgan Stanley.

Sirius XM Stock Sinks on Analyst Downgrade

Sirius XM (SIRI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can Sirius XM (SIRI) Keep the Earnings Surprise Streak Alive?

DCF analysis indicates material upside. Podcasting and 360L provide strong runway for growth, upsetting recent trends.

News for Sirius XM Holdings Inc Stock (SIRI)