Sirius XM: Strong EPS, Sub Loss Woes
Sirius XM (NASDAQ:SIRI), a prominent player in satellite radio and digital streaming, released its fourth quarter 2024 earnings on January 30, 2025.
Its diluted earnings per share (EPS) came in at $0.83, outperforming Wall Street expectations of $0.66, marking a significant 25.8% surprise. Although revenue of $2.19 billion slightly beat estimates, it showed a 4.4% decline from the same quarter last year. Its subscriber base presented challenges, as total subscribers fell by 649,000 over the year.
Overall, the quarter revealed a sound financial performance against analyst predictions, with tangible concerns in user engagement.
Source Fool.com


