Sirius XM Earnings Beat Expectations in Q4
NEW YORK (AP) - Sirius XM Holdings Inc. (SIRI) reported fourth-quarter earnings of $287 million, exceeding Wall Street estimates. Earnings per share reached 83 cents, surpassing the consensus forecast of 64 cents.
Revenue for the quarter came in at $2.19 billion, also exceeding expectations of $2.17 billion. For the full year, Sirius XM reported a loss of $2.08 billion on revenue of $8.7 billion.
The company anticipates full-year revenue of $8.5 billion for 2023.