Sirius XM: Q2 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Sirius XM Holdings Inc. (SIRI) on Thursday reported second-quarter earnings of $316 million.
On a per-share basis, the New York-based company said it had net income of 8 cents.
The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 8 cents per share.
The satellite radio company posted revenue of $2.18 billion in the period, which missed Street forecasts. Five analysts surveyed by Zacks expected $2.2 billion.
Sirius XM expects full-year revenue of $8.75 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SIRI at https://www.zacks.com/ap/SIRI