BUZZ-Sirius XM rises on Q4 revenue beats expectations

Reuters

Jan 30, 2025

** Shares of audio entertainment company Sirius XM SIRI.O rise 3.7% to $22.65 in early trading

** Co reports Q4 revenue of $2.19 bln, marginally beating ests. of $2.17 bln - LSEG

** Live streaming of sports events like 2024-2025 NBA and partnerships with automakers helped co drive positive results for the quarter

** SIRI self-pay subscribers rose 149,000 in Q4, compared with a rise of 131,000 a year ago; Visible Alpha had estimated a 136,780 increase

** Co's advertising revenue for Q4 was $477 mln, above analysts' ests. of $309.7 mln

** Co posted Q4 net profit of $287 mln, compared with $228 million a year earlier

** In 2024, the stock fell 58.3%

(Reporting by Kritika Lamba in Bengaluru)

((Kritika.Lamba@thomsonreuters.com))

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Visible Alpha had estimated a 136,780 increase** Co's advertising revenue for Q4 was $477 mln, above analysts' ests. of $309.7 mln** Co posted Q4 net profit of $287 mln, compared with $228 million a year earlier** In 2024, the stock fell 58.3%  ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"SIRI":"Sirius XM Holdings Inc."},"translate_title":"BUZZ-Sirius XM第四季度收入超出预期，股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SIRI":0.9},"content_text":"BUZZ-Sirius XM rises on Q4 revenue beats expectations** Shares of audio entertainment company Sirius XM SIRI.O rise 3.7% to $22.65 in early trading** Co reports Q4 revenue of $2.19 bln, marginally beating ests. of $2.17 bln - LSEG** Live streaming of sports events like 2024-2025 NBA and partnerships with automakers helped co drive positive results for the quarter** SIRI self-pay subscribers rose 149,000 in Q4, compared with a rise of 131,000 a year ago; Visible Alpha had estimated a 136,780 increase** Co's advertising revenue for Q4 was $477 mln, above analysts' ests. of $309.7 mln** Co posted Q4 net profit of $287 mln, compared with $228 million a year earlier** In 2024, the stock fell 58.3% (Reporting by Kritika Lamba in Bengaluru) ((Kritika.Lamba@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}