Wunderlich Securities Upgrades Sirius XM Radio (SIRI) to Buy
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Sirius XM (SIRI) Reports In-Line Q2 EPS; Lifts Outlook
July 28, 2015 7:12 AM EDTSirius 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
