Exhibit 99.1 SiriusXM Reports First Quarter 2024 Operating and Financial Results • First Quarter 2024 Revenue of $2.16 Billion; Up 1% Year-Over-Year • Ad Revenue Up 7% Year-Over-Year • Net Income of $265 Million; Diluted EPS of $0.07 • Adjusted EBITDA of $650 Million; Up 4% Year-Over-Year • Free Cash Flow of $132 Million; Down 8% Year-Over-Year • Company Reiterates 2024 Financial Guidance NEW YORK – April 30, 2024 – SiriusXM today announced first quarter 2024 operating and financial results, including reven ...

NEW YORK, NEW YORK - APRIL 24: Dua Lipa visits the SiriusXM Studios on April 24, 2024 in New York ... [+] City. (Photo by Cindy Ord/Getty Images for SiriusXM)Getty Images for SiriusXMSirius XM (NASDAQ: SIRI), a leading provider of satellite radio, is scheduled to announce its fiscal first-quarter results on Tuesday, April 30. We expect Sirius XM stock to likely trade higher with revenues beating and earnings matching market expectations in the first quarter results. Sirius stock has been negatively impacted ...

The upcoming report from Sirius XM (SIRI) is expected to reveal quarterly earnings of $0.06 per share, indicating no change from the year-ago quarter compared to the year-ago period. Analysts forecast revenues of $2.13 billion, representing a decrease of 0.5% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 2.7% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.A ...

Sirius XM (SIRI) is set to report first-quarter 2024 earnings on Apr 30.The Zacks Consensus Estimate for first-quarter earnings has remained constant at 6 cents per share in the past 30 days. The figure has remained unchanged from the year-ago quarter’s reported number.The consensus mark for revenues is pegged at $2.13 billion, indicating a 0.47% decrease from the year-ago quarter’s reported figure.The company’s earnings beat the Zacks Consensus Estimate in each of the last four quarters, delivering an aver ...

The most recent trading session ended with Sirius XM (SIRI) standing at $3.16, reflecting a +1.44% shift from the previouse trading day's closing. The stock exceeded the S&P 500, which registered a gain of 1.2% for the day. Elsewhere, the Dow gained 0.69%, while the tech-heavy Nasdaq added 1.59%.The satellite radio company's stock has dropped by 19.54% in the past month, falling short of the Consumer Discretionary sector's loss of 6.73% and the S&P 500's loss of 4.16%.The investment community will be closel ...

The latest trading session saw Sirius XM (SIRI) ending at $3.10, denoting a -1.59% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily loss of 0.58%. Meanwhile, the Dow lost 0.12%, and the Nasdaq, a tech-heavy index, lost 1.15%.Shares of the satellite radio company have depreciated by 21.05% over the course of the past month, underperforming the Consumer Discretionary sector's loss of 4.55% and the S&P 500's loss of 1.09%.Investors will be eagerly watching for the p ...

Sirius XM faces determined competition from audio streamers, which is a rising challenge.Sirius XM (SIRI -1.22%) has been an equity holding of Warren Buffett's investment vehicle Berkshire Hathaway for years. Not everything the star investor touches turns to gold, however, and the satellite radio broadcaster is poised to keep being an underperformer.At least, that's the call of one prognosticator tracking Sirius XM's fortunes. He thinks the company's shares are a sell, as they're standing in front of a doub ...

NEW YORK, April 1, 2024 /PRNewswire/ -- SiriusXM (NASDAQ: SIRI) today announced plans to release its first quarter 2024 operating and financial results on Tuesday, April 30. The company will hold an investor call the same day at 8:00 a.m. ET. A webcast of the presentation will be available on the Investor Relations section of the SiriusXM website at siriusxm.com/investorrelations. To participate by telephone, please dial 877.407.4019 (Toll-free) or +1 201.689.8337 (Local) 10 minutes prior to the start of th ...

Summary of Sirius XM Holdings Inc. Conference Call Company Overview - **Company**: Sirius XM Holdings Inc. (NASDAQ: SIRI) - **Event**: Deutsche Bank 32nd Annual Media, Internet & Telecom Conference - **Date**: March 11, 2024 Key Industry Insights - **Transition Phase**: Sirius XM is currently undergoing a transition aimed at achieving positive self-pay subscriber growth, revenue growth, EBITDA growth, and free cash flow growth [2][3][6] - **Subscriber Headwinds**: The company faced challenges in subscriber growth in 2023, which management is actively addressing through various strategies [2][3] Core Strategies and Actions Content Development - **Unique Content**: Sirius XM is focusing on enhancing its value proposition through unique content, including music, talk shows, podcasts, and news [3][4] - **New Partnerships**: Recent signings include John Mayer and Kelly Clarkson for curated channels, and James Corden for celebrity interviews, which have generated positive engagement [4][5] - **Podcasting Growth**: The company is expanding its podcast offerings, with a notable partnership with SmartList, aiming to capture a larger audience [4][37] Technology Investments - **Tech Platform Overhaul**: Significant investments are being made to rebuild the technology platform, enhancing user interface, recommendation engines, and personalization features [5][6] - **New Commerce and Identity System**: A new system is being rolled out to improve subscriber profiling and marketing effectiveness [6] Pricing and Packaging - **Assessment of Pricing Strategies**: Management is evaluating pricing and packaging to align better with subscriber preferences and enhance retention [6][28] - **New Streaming Plan**: A new $9.99 streaming plan was introduced, aimed at providing more value to subscribers [28][29] Subscriber Metrics and Outlook - **Positive Subscriber Growth**: The company anticipates a positive net addition of subscribers compared to the previous year, with growth expected to be back-end loaded [8][10] - **Churn Management**: Churn rates remain low, although vehicle-related churn is a concern for 2024 [25][26] Advertising and Revenue Streams - **Advertising Headwinds**: The advertising segment has faced challenges, but there are early positive indicators in the ad market [52][53] - **Podcasting as an Ad Play**: Podcasting is seen as a significant growth area, with expectations of continued expansion [37][38] Financial Metrics and Projections - **Gross Profit Margin**: Expected to remain stable between 53% and 54%, with EBITDA margins around 30% to 31% [59] - **Free Cash Flow**: Projected to be flat in the current year due to ongoing capital investments [60] Capital Allocation and M&A Strategy - **Focus on Deleveraging**: Post-merger with Liberty Sirius, the company plans to prioritize deleveraging while maintaining dividends [64][65] - **M&A Considerations**: Smaller M&A opportunities may be explored, but the primary focus will be on reducing leverage [68][71] EV Market Penetration - **OEM Relationships**: Sirius XM has achieved high penetration among OEMs, with ongoing efforts to establish relationships with EV manufacturers, including Tesla [73] Conclusion Sirius XM is actively working to enhance its content offerings, invest in technology, and improve subscriber metrics while navigating challenges in the advertising market. The company is focused on maintaining financial stability and exploring growth opportunities in the evolving media landscape.

Sirius XM Holdings Inc. (NASDAQ:SIRI) Deutsche Bank 32nd Annual Media, Internet & Telecom Conference March 11, 2024 11:20 AM ET Company Participants Thomas Barry - Chief Financial Officer Conference Call Participants Bryan Kraft - Deutsche Bank Bryan Kraft Thanks, everyone, for joining us for this session. I'm Bryan Kraft from Deutsche Bank and really happy to introduce Tom Barry, who's the CFO of Sirius XM. Tom, welcome. Thomas Barry Thank you, Bryan. I'm excited to be here. Bryan Kraft I guess to start o ...