Sirius XM Radio (SIRI) PT Raised to $6.50 at Macquarie
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Sirius XM (SIRI) Tops Q3 EPS by 2c, Slight Beat on Revenues; Boosts FY17 Revenue, Adj. EBITDA & FCF Guidance
October 25, 2017 7:09 AM EDTSirius XM (NASDAQ: SIRI) reported Q3 EPS of $0.06, $0.02 better than the analyst estimate of $0.04. Revenue for the quarter came in at $1.38 billion versus the consensus estimate of $1.37 billion.
"SiriusXM delivered a very strong third quarter despite headwinds from slowing auto sales and the impact of severe weather in many parts of the United States. We recorded our best-ever quarter for adjusted EBITDA and its corresponding margin which reached 39.9%. SiriusXM is pleased to once again raise our full-year guidance for revenue,... More
