Sirius XM Holdings Inc. (SIRI) announced earnings for first quarter that dropped from the same period last year.
The company's earnings came in at $224 million, or $0.05 per share. This compares with $268 million, or $0.07 per share, in last year's first quarter.
Analysts had expected the company to earn $0.06 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 5.6% to $2.06 billion from $1.95 billion last year.
Sirius XM Holdings Inc. earnings at a glance:
-Earnings (Q1): $224 Mln. vs. $268 Mln. last year.-EPS (Q1): $0.05 vs. $0.07 last year.-Analysts Estimate: $0.06 -Revenue (Q1): $2.06 Bln vs. $1.95 Bln last year.
-Guidance:Full year revenue guidance: $8.35 Bln
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