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SIRIUS XM Holdings Inc. (SIRI) Q1 Earnings in Line

SIRIUS XM Holdings Inc. SIRI is a radio broadcasting company. It creates and broadcasts commercial-free music; premier sports and live events; news and comedy; exclusive talk and entertainment; and the most comprehensive line-up of Latin commercial-free music, sports, and talk programming in radio.

Currently, SIRIUS XM has a Zacks Rank #3 (Hold), but that could definitely change following Southwest Airlines’s earnings report which was just released. We have highlighted some of the key stats from this just-revealed announcement below:

Earnings: SIRIUS XM earnings inline. Our consensus earnings estimate called for EPS of 3 cents per share, and the company reported inline earnings. Investors should note that these figures take out stock option expenses.

Revenue: SIRIUS XM reported revenues of $1,201 million. This surpassed our consensus estimate of $1,178 million.

Key Stats to Note: The company anticipates 1.6 million net subscriber addition in 2016 while revenue and adjusted EBITDA to be $4.9 billion and $1.78 billion, respectively in 2016.

Check back later for our full write up on this SIRIUS XM earnings report later!

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SIRIUS XM HLDGS (SIRI): Free Stock Analysis Report
 
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