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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.

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Source Fool.com

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