SiriusXM reported $1.3 billion in revenue in the second quarter of 2017, that’s up 9% from Q2 of 2016. In addition net income of $202 million was up 16% from $175 million in the second quarter 2016. The company now has 32 million subscribers with the addition of 466,000 net new self-pay subscribers in the second quarter 2017. SiriusXM now has nearly 26.7 million self-pay subscribers.
Operating cash flow in the second quarter increased 12% to $483 million, compared to $432 million in the second quarter 2016. Free cash flow in the second quarter 2017 grew 6% to $417 million, compared to $395 million in the second quarter 2016.
