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Sirius XM (SIRI) Reports In-Line Q4 EPS

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SiriusXM Reports Fourth Quarter and Full-Year 2016 Results

February 2, 2017 7:00 AM EST

NEW YORK, Feb. 2, 2017 /PRNewswire/ -- SiriusXM today announced fourth quarter and full-year 2016 operating and financial results, including record revenue of $1.3 billion and $5.0 billion, respectively, up 9% and 10% versus the prior year periods.

Net income totaled $205 million and $746 million in the fourth quarter and full-year 2016, respectively, up 52% and 46% from $135 million and $510 million in the fourth quarter and full-year 2015, respectively. Net income per diluted common share was $0.04 and $0.15 in the fourth quarter and full-year 2016, respectively, compared to $0.03 and $0.09 in the fourth quarter and full-year 2015, respectively. Adjusted EBITDA grew 20%... More