Sirius XM (SIRI) Q1 Earnings Beat Estimates, Revenues Rise Y/Y

Sirius XM Holdings (SIRI) reported first-quarter 2024 earnings of 7 cents per share, which beat the Zacks Consensus Estimate by 16.67% and remained flat year over year.Total revenues on a reported basis gained 0.8% year over year to $2.16 billion and beat the consensus mark by 1.32%.Subscriber revenues (77.7% of total revenues) declined 0.7% from the year-ago quarter to $1.68 billion. The figure beat the Zacks Consensus Estimate by 1%.Meanwhile, advertisement revenues (18.6%) increased 7.2% year over year t ...