SiriusXM Revenue Up 8% In Q1

0

The revenue number for the quarter for SiriusXM was $1.3 billion. CEO Jim Meyer said, “Once again, we are demonstrating the scalability and strength of SiriusXM’s unique business model and the robust consumer demand for our very special content bundle.” Net self-pay subscriber additions were 260,000 in Q1. SiriusXM now has over 31.6 million paying subscribers, the most in the company’s history. Meyer said he feels very good about full-year guidance of $5.3 billion in revenue, $2.025 billion of adjusted EBITDA, a $1.5 billion of free cashflow, and 1.3 million self-pay net additions.

LEAVE A REPLY

Please enter your comment!
Please enter your name here