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Sirius XM Holdings Inc. Reports Gain In Q2 Profit

Sirius XM Holdings Inc. (SIRI) revealed earnings for its second quarter that increased from the same period last year.

The company's bottom line came in at $433 million, or $0.10 per share. This compares with $243 million, or $0.05 per share, in last year's second quarter.

Analysts had expected the company to earn $0.07 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 15.5% to $2.16 billion from $1.87 billion last year.

Sirius XM Holdings Inc. earnings at a glance:

-Earnings (Q2): $433 Mln. vs. $243 Mln. last year.
-EPS (Q2): $0.10 vs. $0.05 last year.
-Analysts Estimate: $0.07
-Revenue (Q2): $2.16 Bln vs. $1.87 Bln last year.

-Guidance:
Full year revenue guidance: $8.550 Bln

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