SiriusXM Reports Second Quarter 2019 Results

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Sirius XM (SIRI) Tops Q2 EPS by 1c, Revenues Beat; Offers FY19 Revenue Guidance Above Consensus

July 30, 2019 7:06 AM EDT

Sirius XM (NASDAQ: SIRI) reported Q2 EPS of $0.06, $0.01 better than the analyst estimate of $0.05. Revenue for the quarter came in at $2 billion versus the consensus estimate of $1.94 billion.

SECOND QUARTER 2019 HIGHLIGHTS

SiriusXM operates two complementary audio entertainment businesses our SiriusXM business and our Pandora business. Further information regarding these two segments will be contained in the Company's Quarterly Report on Form 10-Q for the period ended June 30, 2019. The pro forma financial and operating highlights of these two segments are presented separately below and exclude the impact of share-based payment expense.

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