Sirius XM (SIRI) Reports In-Line Q1 EPS; Reiterates Guiance

Sirius XM (NASDAQ: SIRI) reported Q1 EPS of $0.08, in-line with the analyst estimate of $0.08. Revenue for the quarter came in at $2.19 billion versus the consensus estimate of $2.15 billion.

GUIDANCE:

The Company reiterates full-year 2022 guidance for self-pay net subscriber additions, revenue, adjusted EBITDA, and free cash flow as follows:

• SiriusXM self-pay net subscriber additions of approximately 500,000,
• Total revenue of approximately $9.0 billion,
• Adjusted EBITDA of approximately $2.8 billion, and
• Free cash flow of approximately $1.55 billion.

For earnings history and earnings-related data on Sirius XM (SIRI) click here.

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