Sirius XM Holdings Stock Price, News & Analysis

Sirius XM Holdings Inc. (NASDAQ: SIRI) released its financial and operational results for Q1 2023, showcasing its position as a leading audio entertainment company in North America. The firm supports a monthly audience of about 150 million through its diverse offerings, including SiriusXM, Pandora, podcasts, and advertising solutions. Key metrics and details of performance can be accessed through their Investor Relations page. A live webcast detailing these results is scheduled for 8:00 a.m. ET, with an archive available post-event. For further insights, visit the SiriusXM website for comprehensive information.

SiriusXM Holdings announced a quarterly cash dividend of $0.0242 per share, payable on May 24, 2023. This dividend is for shareholders of record as of May 5, 2023. With a robust monthly audience of approximately 150 million listeners, SiriusXM remains a leader in North America's audio entertainment sector, encompassing various platforms including SiriusXM, Pandora, and an extensive podcast network. This decision reflects the company's commitment to return value to its shareholders amidst a competitive media landscape.

Communications & Power Industries (CPI) has secured a multi-year order from SiriusXM (Nasdaq: SIRI) to develop high-power solid-state repeater hardware. This contract aims to enhance the continuous network coverage of SiriusXM's satellite content delivery systems. The work will be handled by CPI's Power Electronics division, a leading global manufacturer of communications amplifiers. CPI's solid-state amplifiers are specifically designed to meet SiriusXM's unique operational requirements. This collaboration underscores SiriusXM's commitment to delivering reliable audio entertainment and information services.

Sirius XM Holdings Inc. (NASDAQ: SIRI) has announced the appointment of Thomas D. Barry as Chief Financial Officer, effective April 28th, replacing Sean Sullivan, who is stepping down for another opportunity. Barry, who has over 30 years of finance experience and has been with SiriusXM since 2009, played a pivotal role in various acquisitions including Pandora. The company reaffirmed its full-year 2023 financial guidance and plans to release its Q1 2023 financial results on April 27th. CEO Jennifer Witz expressed confidence in Barry’s leadership to drive growth and value for shareholders.

Sirius XM Holdings Inc. (NASDAQ: SIRI) will present at the Morgan Stanley Technology, Media and Telecom Conference on March 7, 2023, at 3:20 pm PT. CEO Jennifer Witz will lead the presentation, which will also be webcasted, available on the investor relations section of the SiriusXM website. The company is recognized as a leader in audio entertainment across North America, boasting a diverse portfolio that includes SiriusXM, Pandora, and a broad podcast network. SiriusXM reaches approximately 150 million monthly listeners, providing a rich variety of content including music, talk, news, and sports.