SiriusXM Reports Third Quarter 2020 Results

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Sirius XM (SIRI) Tops Q3 EPS by 1c, Revenues Beat; Raises FY20 Subscriber and Financial Guidance

October 22, 2020 7:05 AM EDT

Sirius XM (NASDAQ: SIRI) reported Q3 EPS of $0.06, $0.01 better than the analyst estimate of $0.05. Revenue for the quarter came in at $2.03 billion versus the consensus estimate of $1.94 billion.

SiriusXM Self-Pay Net Subscriber Additions of 169,000 in Third QuarterThird Quarter Revenue of $2,025 Million, Up 1% Year-Over-YearThird Quarter Net Income of $272 Million, Up 11%; Diluted EPS of $0.06Adjusted EBITDA of $661 Million in the Third Quarter, Up 1% Year-Over-YearCompany Increases 2020 Subscriber and Financial GuidanceThird Quarter Capital Returns Total $544 Million; Stitcher Acquisition Complete; Leadership Transition on Track

"SiriusXM maintains strong... More