Welcome to our dedicated page for Sirius XM Holdings news (Ticker: SIRI), a resource for investors and traders seeking the latest updates and insights on Sirius XM Holdings stock.
Sirius XM Holdings Inc. (NASDAQ: SIRI) is described in its own news releases as the leading audio entertainment company in North America, with a portfolio that includes the SiriusXM subscription entertainment service, Pandora’s ad-supported and premium music streaming services, an expansive podcast network, and a suite of business and advertising solutions. Company announcements highlight that these platforms together reach a combined monthly audience in the range of approximately 160 million to 170 million listeners.
This news page aggregates SIRI news so readers can follow how the company communicates about its operations, strategy, and capital decisions. Regular press releases cover topics such as quarterly and full-year operating and financial results, with announcements specifying the dates of earnings releases and investor conference calls. These updates provide insight into the company’s performance and management’s commentary on its audio businesses.
Investors and followers can also find news about dividend declarations, where SiriusXM’s Board of Directors announces regular quarterly cash dividends on its common stock, as well as updates on leadership and governance changes, including appointments of executive officers and independent directors. Additional releases describe participation in investor conferences and presentations by senior executives.
Because Sirius XM operates across satellite radio, streaming music, podcasts, and advertising solutions, its news flow often touches on audience reach, content mix across music, talk, news, and sports, and risk factors and outlook statements included in its communications. This page offers a centralized view of those company-issued updates, making it easier to review past announcements and monitor new SIRI news as it is released.
SiriusXM reported $2.28 billion in revenue for Q3 2022, a 4% increase year-over-year, with net income at $247 million and diluted EPS of $0.06. Adjusted EBITDA remained steady at $720 million. The company added 187,000 self-pay subscribers, totaling 32.2 million, while its total subscriber count was 34.2 million. SiriusXM announced a 10% increase in its quarterly dividend, bringing year-to-date capital returns to stockholders to $1.8 billion. Despite growth, the company remains cautious regarding advertising market trends impacting future guidance.
Lucid Group and SiriusXM announced that SiriusXM's audio entertainment will be standard in all Lucid vehicles, with a free 3-month trial for new and existing owners. The beta version is set to launch soon, aiming for full implementation in 2023. Lucid Air owners will gain access to hundreds of channels, podcasts, and personalized recommendations. This adds significant value to the user experience in Lucid's luxury electric vehicles, enhancing its technology-driven features.
SiriusXM (NASDAQ: SIRI) will announce its Q3 2022 financial results on November 1, 2022, at 8:00 a.m. EDT. The call will be hosted by CEO Jennifer Witz and CFO Sean Sullivan. A webcast will be available on the Investor Relations section of their website. Investors can join the call by dialing 866-580-3963 or +1-786-697-3501 five minutes before it starts. SiriusXM is North America's leading audio entertainment company, reaching about 150 million listeners across various platforms.
SiriusXM announced that CEO Jennifer Witz will present at the Bank of America Media, Communications & Entertainment Conference on September 7, 2022, and CFO Sean Sullivan will present at the Goldman Sachs Communacopia + Technology Conference on September 12, 2022. A webcast of both presentations will be accessible via the SiriusXM Investor Relations website. SiriusXM, listed under the ticker SIRI, serves approximately 150 million listeners in North America across its audio platforms.
SiriusXM reported Q2 2022 revenue of $2.25 billion, a 4% increase year-over-year. Net income fell to $292 million, down from $433 million in the previous year, with diluted EPS at $0.07. Adjusted EBITDA decreased by 3% to $679 million. The company returned $1.6 billion to shareholders year-to-date and anticipates positive self-pay net subscriber additions for the full year. Subscriber metrics showed modest growth in self-pay subscribers but a decrease in overall active users for Pandora.
American Express (AXP) is partnering with SiriusXM for the 'Small Stage Series' to promote local businesses through live performances in five U.S. cities this summer. The initiative includes a $30 gift card incentive for eligible Card Members at participating small businesses. A recent survey indicates that shopping small could contribute up to $793 billion to the economy this summer. Despite inflation concerns, 77% of small business owners are optimistic about sales, with 62% expecting higher revenues compared to last year.
SiriusXM's Board of Directors declared a quarterly cash dividend of $0.0219615 per share, payable on August 31, 2022, to stockholders of record as of August 5, 2022. The company, a leader in North America's audio entertainment industry, reaches approximately 150 million listeners. SiriusXM's subsidiaries, including Pandora, enhance its market position across subscription and ad-supported audio services. The press release emphasizes the company’s growth strategy amidst competitive and economic challenges, including ongoing supply chain issues.
SiriusXM (NASDAQ: SIRI) will announce its second quarter 2022 financial results on July 28, 2022, with an investor call at 8:00 a.m. EDT. CEO Jennifer Witz and CFO Sean Sullivan will host the call. Interested participants can join via telephone or access a webcast on the SiriusXM investor relations website. SiriusXM remains a leader in audio entertainment, reaching approximately 150 million listeners in North America, with offerings including music, sports, talk, and podcasts.
SiriusXM has announced that its SXM App is now accessible to Comcast customers via Xfinity X1, Xfinity Flex, and XClass TV. This integration offers over 425 channels, including exclusive content from Howard Stern, ad-free music, podcasts, and more. Eligible Comcast users can enjoy a free 3-month subscription to SiriusXM. Future updates to the app will introduce SiriusXM Video, featuring over 11,000 exclusive performances and interviews. The partnership aims to enhance the home entertainment experience for millions of Comcast subscribers.
SiriusXM announced that CEO Jennifer Witz will present at the Credit Suisse 24th Annual Communications Conference on June 14, 2022, at 12:45 pm ET. Investors can access the presentation via the Investor Relations section of the company's website. SiriusXM is a leading audio entertainment company in North America, reaching approximately 150 million listeners and offering various audio products, including music, sports, and podcasts. For more details, visit www.siriusxm.com.
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