SiriusXM Reports Second Quarter 2015 Results and Increases Guidance

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Wunderlich Securities Upgrades Sirius XM Radio (SIRI) to Buy

July 29, 2015 7:24 AM EDT

Wunderlich Securities upgraded Sirius XM Radio (NASDAQ: SIRI) from Hold to Buy with a price target of $4.60.

For an analyst ratings summary and ratings history on Sirius XM Radio click here. For more ratings news on Sirius XM Radio click here.

Shares of Sirius XM Radio closed at $3.96 yesterday.

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Sirius XM (SIRI) Reports In-Line Q2 EPS; Lifts Outlook

July 28, 2015 7:12 AM EDT

Sirius XM (NASDAQ: SIRI) reported Q2 EPS of $0.03, in-line with the analyst estimate of $0.03. Revenue for the quarter came in at $1.12 billion versus the consensus estimate of $1.12 billion.

"After another quarter of exceptional execution and subscriber growth, we are increasing our subscriber guidance for the second time this year to approximately 1.8 million net additions. We are also increasing guidance for revenue, adjusted EBITDA and free cash flow. Self-pay net additions of 519,000 were the strongest second quarter result since... More