SINGAPORE, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Sound Group Inc (“Sound Group” or the “Company”) (NASDAQ: SOGP), a global audio-centric social and entertainment company, today announced it has completed the cancellation of all 951,252 American depositary shares (“ADSs”) repurchased under its US$4 million share repurchase program, which was approved by the Company’s board of directors (the “Board”) in June 2025. As of today, the Company has repurchased a total of 951,252 ADSs for an aggregate consideration of U ...

Accessibility StatementSkip Navigation NEW YORK, Oct. 1, 2025 /PRNewswire/ -- SiriusXM (NASDAQ: SIRI) will release its third quarter 2025 operating and financial results on Thursday, October 30, and will hold an investor call that same day at 8:00 a.m. ET. A live webcast of the call will be available on the SiriusXM Investor Relations website at https://investor.siriusxm.com. To participate by telephone, please dial 1.877.407.4019 (Toll-free) or 1.201.689.8337 (Local) 10 minutes prior to the start of the ca ...

Core Insights - SiriusXM will have presentations by CEO Jennifer Witz and President Scott Greenstein at upcoming conferences, indicating ongoing engagement with investors and stakeholders [1] - The company is a leading audio entertainment provider in North America, with a diverse portfolio that includes subscription services, ad-supported streaming, and podcasts [2] Company Overview - SiriusXM operates a flagship subscription service and offers additional services through Pandora, reaching a combined monthly audience of approximately 160 million listeners [2] - The content provided by SiriusXM includes a wide range of programming across music, talk, news, and sports, catering to diverse listener preferences [2]

Core Viewpoint - Sound Group Inc. reported strong revenue growth and a return to profitability for the first half of 2025, driven by strategic execution and expansion in its audio entertainment and AI product offerings [3][4]. Financial Highlights - Total revenues reached RMB1,357.7 million (US$189.5 million), a 47% increase from RMB924.0 million in the same period of 2024 [4][7]. - Net profit was approximately RMB67.6 million (US$9.4 million), a significant improvement from a net loss of RMB36.5 million in the same period last year [7][15]. - Gross profit increased to RMB392.1 million (US$54.7 million), representing a 59% increase from RMB246.3 million in the same period of 2024 [6][41]. - Gross margin improved to 29%, compared to 27% for the same period in 2024 [6][8]. Operational Performance - Cost of revenues was RMB965.6 million (US$134.8 million), a 42% increase from RMB677.6 million in the same period of 2024, primarily due to increased revenue sharing fees and payment handling costs [5][8]. - Operating income was RMB63.2 million (US$8.8 million), compared to an operating loss of RMB44.3 million in the same period of 2024 [12][41]. - Average total mobile monthly active users (MAUs) for the first half of 2025 was 30.4 million, down from 35.7 million in the same period of 2024 [7]. Shareholder Returns - The company announced a US$4 million share repurchase program and a special cash dividend of US$0.005 per ordinary share, or US$1 per ADS, to be paid around September 30, 2025 [21][22]. Strategic Initiatives - The company is focusing on enhancing user engagement through enriched interactive experiences and expanding its audio entertainment content ecosystem [3]. - Ongoing international AI initiatives are expected to contribute to revenue growth, leveraging advanced AI technologies to improve operational efficiency [3].

Core Viewpoint - SiriusXM reported its operating and financial results for the second quarter of 2025, highlighting its position as a leading audio entertainment company in North America [1]. Group 1: Company Overview - SiriusXM is the leading audio entertainment company in North America, offering a portfolio that includes its flagship subscription service, ad-supported and premium music streaming services through Pandora, a podcast network, and various business and advertising solutions [2]. - The company reaches a combined monthly audience of approximately 160 million listeners, providing a diverse mix of live, on-demand, and curated programming across music, talk, news, and sports [2]. Group 2: Financial Results - The full earnings release for the second quarter of 2025 is available on the Investor Relations section of the company's website, indicating transparency and accessibility of financial information for stakeholders [1].

Core Viewpoint - SiriusXM is set to release its second quarter 2025 operating and financial results on July 31, 2025, followed by an investor call at 8:00 a.m. ET [1] Company Overview - SiriusXM is the leading audio entertainment company in North America, offering a diverse portfolio that includes its flagship subscription service, ad-supported and premium music streaming services through Pandora, a podcast network, and various business and advertising solutions [3] - The company reaches a combined monthly audience of approximately 160 million listeners, providing a wide range of content across music, talk, news, and sports [3]