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SIRIUS XM Radio Q3 Loss Narrows - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Thursday, SIRIUS XM Radio (SIRI) said its third-quarter GAAP net loss attributable to common stockholders narrowed to $149.19 million or $0.04 per share from $4.87 billion or $1.93 per share in the prior year period. On average, 4 analysts polled by Thomson Reuters expected the company to report a loss of $0.02 per share for the quarter.

Adjusted income from operations for the quarter was $106.14 million compared with a loss of $36.85 million last year.

Total revenue for the quarter rose to $618.65 million from $488.44 million in the comparable period. Three analysts estimated revenues of $608.71 million for the quarter.

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