SiriusXM Reports First Quarter 2019 Results
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Sirius XM (SIRI) Misses Q1 EPS by 2c, Revenues Miss; Offers FY19 Pro-Forma Revenue Below Consensus
April 24, 2019 7:05 AM EDTSirius XM (NASDAQ: SIRI) reported Q1 EPS of $0.03, $0.02 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $1.74 billion versus the consensus estimate of $1.77 billion.
"SiriusXM's first quarter of 2019 was an exciting time for the company. We're thrilled to have completed the Pandora acquisition on February 1st and have been working quickly to integrate and coordinate the operations of the two businesses. The year is off to a strong start, and today we are issuing combined guidance for 2019 that shows continuing revenue, adjusted EBITDA and free... More
