SiriusXM logs subscribers losses during Q3, revises ad forecast

Nov 3, 2024 · Revenue attributed to SiriusXM’s satellite and streaming radio product was $1.63 billion during Q3, while average revenue per user (ARPU) came in at $15.16. Both were down …

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SiriusXM Logs Subscribers Losses During Q3, Revises Ad Forecast

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Nov 3, 2024 · Revenue attributed to SiriusXM’s satellite and streaming radio product was $1.63 billion during Q3, while average revenue per user (ARPU) came in at $15.16. Both were down …

thedesk.net

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SiriusXM Delivers A Lackluster Q3 As Revenues Decline ... - MSN

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Self-pay subscribers decreased 0.99% year-over-year to 31.49 million, while net subscriber loss was 100k against net additions of 94k the same period last year.

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Six Takeaways From SiriusXM’s Third Quarter Report.

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Oct 31, 2024 · Overall, SiriusXM’s total revenue during the third quarter declined 4% year-to-year to $2.17 billion, and the company reported a net loss of $2.96 billion. SiriusXM also wrote …

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Sirius XM's Q3 Loss Wider Than Expected, Revenues Fall Y/Y

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Nov 1, 2024 · The Sirius XM Standalone segment’s revenues (74.94% of total revenues) were $1.62 billion, down 5.46% year over year. Total subscriber base declined 2.39% year over …

yahoo.com

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Sirius XM Faces $2.96B Quarterly Loss | The Motley Fool

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Oct 31, 2024 · Sirius XM reported a net loss of $2.96 billion due to a $3.36 billion non-cash impairment charge. Revenue dropped by 4% year-over-year, reaching $2.17 billion, impacted …

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Sirius XM: Q3 Earnings Snapshot - Yahoo Finance

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Oct 31, 2024 · NEW YORK (AP) — Sirius XM Holdings Inc. SIRI) on Thursday reported a loss of $2.96 billion in its third quarter. The New York-based company said it had a loss of $8.74 per …

yahoo.com

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Sirius XM Shares Rise As Impairment Charge Hampers Q3 Results

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Nov 1, 2024 · This resulted in Sirius XM experiencing a net loss of $2.96 million (-$8.74 per diluted share) in Q3, compared to net income of $291,000 ($0.82) in the year-ago period.

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Sirius XM (SIRI) Flat As Market Sinks: What You Should Know

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8 hours ago · In the latest market close, Sirius XM (SIRI) reached $22.80, with no movement compared to the previous day. This change was narrower than the S&P 500's 0.43% loss on …

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North Bergen Njtransit Park And Ride. : R/newjersey - Reddit

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I’ve done this tons of times. 320 has some particular rules, but has decent frequency all day/evening. North Bergen is a gated park and ride, $10 includes parking for one car (max 24 …

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FAQs about SiriusXM logs subscribers losses during Q3, revises ad forecast Coupon?

How did SiriusXM perform in Q3 2024?

SiriusXM Holdings (SIRI) reported a wider loss than expected in the third quarter of 2024, at 84 cents per share. The same quarter last year saw the company reporting earnings of 90 cents a share. Total revenues declined 4.4% year-over-year to $2.17 billion, missing the consensus mark by 0.91%. ...

Does SiriusXM lose subscribers?

At its Pandora streaming business, SiriusXM lost 112,000 subscribers in the third quarter, compared with a year-ago loss of 52,000. Over the past year, the firm lost about 150,000 users. The company ended September with around 6.1 million total self-pay customers at Pandora. ...

Why did Sirius XM's ad revenue decline?

Its advertising revenue also showed a slight decline, while competitive and broader economic conditions have posed challenges across its portfolio. Looking forward, Sirius XM has adjusted its full-year revenue guidance downward, now predicting approximately $8.675 billion due to anticipated weaknesses in ad revenues. ...

How did SiriusXM perform in Q3?

SiriusXM reports a lackluster Q3 with declining revenues and stagnating subscription levels. SiriusXM Holdings (SIRI) reported a wider loss than expected in the third quarter of 2024, at 84 cents per share. The same quarter last year saw the company reporting earnings of 90 cents a share. ...

Is SiriusXM a'modest' user drop in 2023?

Earlier in the year, the firm, led by CEO Jennifer Witz, had said that it expects a “modest” user drop for the full year 2023 amid economic and car industry challenges. At its Pandora streaming business, SiriusXM lost 112,000 subscribers in the third quarter, compared with a year-ago loss of 52,000. ...

How much did Sirius XM lose in 3rd quarter?

NEW YORK (AP) — NEW YORK (AP) — Sirius XM Holdings Inc. (SIRI) on Thursday reported a loss of $2.96 billion in its third quarter. The New York-based company said it had a loss of $8.74 per share. Losses, adjusted for asset impairment costs, were 84 cents per share. The results did not meet Wall Street expectations. ...