Sirius XM (SIRI) Q2 Earnings Meet Estimates, Revenues Fall Y/Y

Sirius XM Holdings (SIRI) reported second-quarter 2024 earnings of 8 cents per share, which met the Zacks Consensus Estimate and remained flat year over year.Total revenues on a reported basis declined 3% year over year to $2.18 billion and missed the consensus mark by 1.21%.Subscriber revenues (76.1% of total revenues) declined 3.9% from the year-ago quarter to $1.66 billion. The figure missed the Zacks Consensus Estimate by 0.2%.Meanwhile, advertisement revenues (20.3%) decreased 0.4% year over year to $4 ...