SiriusXM slips after lower Q3 revenue, profit
SIRI•SiriusXM reported Q3 earnings per share of 78 cents, down from 84 cents a year earlier, and revenue of $2.15 billion, slightly below analysts’ $2.16 billion estimate. Shares fell 2.4% premarket.
1. Quarterly results
SiriusXM’s Q3 revenue fell to $2.15 billion from $2.16 billion a year earlier and slightly missed analysts’ $2.16 billion estimate. Earnings per share declined to 78 cents from 84 cents.
