SiriusXM Reports Third Quarter 2018 Results
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Go back to SiriusXM Reports Third Quarter 2018 Results
October 25, 2018 9:02 AM EDT
Deutsche Bank analyst Bryan Kraft raised the price target on Sirius XM Radio (NASDAQ: SIRI) to $8.00 (from $7.75) while maintaining a Buy rating.
Kraft commented, "3Q results were, once again, very solid for SIRI; another beat and raise quarter marked by better than... More
October 25, 2018 7:40 AM EDT
RBC Capital analyst Steven Cahall lowered the price target on Sirius XM Radio (NASDAQ: SIRI) to $6.00 (from $7.00) while maintaining a Sector Perform rating.
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October 24, 2018 7:02 AM EDT
Sirius XM (NASDAQ: SIRI) reported Q3 EPS of $0.07, $0.01 better than the analyst estimate of $0.06. Revenue for the quarter came in at $1.47 billion versus the consensus estimate of $1.46 billion.
THIRD QUARTER 2018 HIGHLIGHTS
Self-Pay Net Additions of 298,000. The Company added 298,000 net new self-pay subscribers in the third quarter to end the period with approximately 28.5 million self-pay subscribers. Self-pay monthly churn of 1.8% improved 12 basis points over the third quarter of 2017. Total net additions in the third quarter were 198,000, resulting in approximately 33.7 million SiriusXM subscribers at quarter-end.Revenue of $1.5 Billion. Third quarter revenue...
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