Sirius XM (SIRI) reported $2.19 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 4.3%. EPS of $0.83 for the same period compares to $0.90 a year ago.The reported revenue represents a surprise of +0.73% over the Zacks Consensus Estimate of $2.17 billion. With the consensus EPS estimate being $0.64, the EPS surprise was +29.69%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

JANUARY 30, 2025 FOURTH QUARTER AND FULL-YEAR 2024 OPERATING AND FINANCIAL RESULTS 1 CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform A ct of 1 995. S uch statements include, but are not limited to, statements about our outlook and our future financial and operating results, our plans, objectives, expectations and intentions with respect to future operations, products and services; and ...

Core Insights - Sirius XM's stock outperformed the market, rising approximately 6% following the release of its fourth-quarter and full-year 2024 results, which exceeded expectations on both revenue and earnings [1] Group 1: Financial Performance - The company added 149,000 self-paying subscribers in the fourth quarter, a significant increase compared to the same quarter in 2023, despite a year-over-year decline in total self-pay subscribers [2] - Sirius XM confirmed its full-year 2025 guidance, projecting $8.5 billion in revenue and $1.15 billion in free cash flow, indicating a low valuation at less than 7 times expected free cash flow [2] - Free cash flow increased by 28% year over year in the fourth quarter, showcasing strong profitability [3] Group 2: Cost Management and Growth Initiatives - The company is on track with its cost savings initiatives, targeting an additional $200 million in annual savings by the end of 2025 [3] - Sirius XM's programmatic podcast ad revenue experienced double-digit percentage growth in 2024, reflecting successful growth strategies [3] Group 3: Investment and Market Position - The stock has attracted significant investment from Berkshire Hathaway, which holds a 35% stake, indicating confidence in the company's future growth potential [2] - The management aims to achieve $1.5 billion in free cash flow by 2027, positioning the company for potential long-term gains if strategies are effectively executed [2]

SiriusXM, which has been trimming staff and regrouping in several areas in a bid to reverse subscriber losses, reported better-than-expected results in the fourth quarter. The satellite audio firm posted earnings per share of 83 cents and revenue of $2.19 billion. Both metrics exceeded Wall Street analysts’ consensus forecasts. The results followed reports on Wednesday that the company is laying off about 100 employees, a bit less than 2% of its total workforce. The move comes nearly a year after a previou ...

Sirius XM surprised the market with robust earnings, yet subscriber figures showed declines.Sirius XM (SIRI 3.07%), 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 ...

Core Viewpoint - Sirius XM reported quarterly earnings of $0.83 per share, exceeding the Zacks Consensus Estimate of $0.64 per share, but down from $0.90 per share a year ago, indicating a 29.69% earnings surprise [1][2] Financial Performance - The company generated revenues of $2.19 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.73%, but down from $2.29 billion year-over-year [2] - Over the last four quarters, Sirius XM has exceeded consensus EPS estimates two times and revenue estimates two times [2] Stock Performance and Outlook - Sirius XM shares have declined approximately 4.2% year-to-date, contrasting with the S&P 500's gain of 2.7% [3] - The company's current consensus EPS estimate for the upcoming quarter is $0.63 on revenues of $2.09 billion, and for the current fiscal year, it is $3.05 on revenues of $8.52 billion [7] Industry Context - The Broadcast Radio and Television industry, to which Sirius XM belongs, is currently ranked in the top 24% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Sirius XM's stock performance [5]

☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM __________ TO ________ COMMISSION FILE NUMBER 001-34295 SIRIUS XM HOLDINGS INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorpo ...

Exhibit 99.1 SiriusXM Reports Fourth Quarter and Full-Year 2024 Operating and Financial Results NEW YORK – January 30, 2025 – SiriusXM today announced its fourth quarter and full-year 2024 operating and financial results, including revenue of $2.19 billion and $8.70 billion, respectively, representing declines of 4% and 3%, respectively, compared to the same periods in 2023. The company reported net income of $287 million for the fourth quarter and a net loss of $2.08 billion for the full year 2024, compare ...

NEW YORK, Jan. 30, 2025 /PRNewswire/ -- SiriusXM (NASDAQ: SIRI) today reported operating and financial results for the fourth quarter and full-year 2024, which have been posted to the Investor Relations section of the SiriusXM website at https://investor.siriusxm.com.About Sirius XM Holdings Inc.SiriusXM is the leading audio entertainment company in North America with a portfolio of audio businesses including its flagship subscription entertainment service SiriusXM; the ad-supported and premium music stream ...

Which digital audio stock is the better buy?Digital media is kicking old-school radio to the curb. That's not a new event, but a long-term trend. SiriusXM Holdings (SIRI 0.78%) and Spotify (SPOT 3.27%) are two of the biggest names in audio-based entertainment these days, and these two companies approach the same market from different angles.One is a profitable growth stock with a lofty valuation. The other is an unprofitable veteran with a stock so cheap, legendary value investor Warren Buffett is buying it ...