Sirius XM: Strong EPS, Sub Loss Woes

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 ...