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Sirius XM Earnings Preview: Steady Subscriber Additions And Bottom Line Growth To Continue

Satellite radio provider Sirius XM (NASDAQ:SIRI) is scheduled to release its Q4 2014 earnings on Thursday before the market open. While the company didn’t perform too well in the first quarter, due to only moderate growth in new car sales, its subscriber growth picked up in the second quarter, driven by a 7% rise in new vehicle sales. In the third quarter, as new vehicle sales increased 8%, Sirius XM’s revenues jumped 10% to $1.06 billion, driven by 5% growth in subscriber base and 7% increase in the number of self-pay…