SiriusXM Reports First Quarter 2016 Results

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Sirius XM (SIRI) Reports In-Line Q1 EPS; Lifts Oulook

April 28, 2016 7:11 AM EDT

Sirius XM (NASDAQ: SIRI) reported Q1 EPS of $0.03, in-line with the analyst estimate of $0.03. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.18 billion.

"SiriusXM's results exceeded our expectations in the first quarter, and I'm especially pleased we were able to add 465,000 net new subscribers, leading to an 8% increase in subscribers over the prior... More