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The satellite radio and streaming company’s paid ad-supported tier comes as music industry insiders are calling for DSPs to ...
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Zacks Investment Research on MSNSirius XM (SIRI) Stock Drops Despite Market Gains: Important Facts to NoteSirius XM (SIRI) ended the recent trading session at $23.19, demonstrating a -2.77% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.32%.
Satellite audio firm SiriusXM is aiming to trim costs by $200 million in 2025 as it shifts away from streaming and refocuses on its core automotive market. The news, announced in a press release ...
SiriusXM topped market estimates for quarterly revenue on Tuesday as the radio company's tie-ups with automakers helped draw users to its audio product services while on the road.
New SiriusXM shares are expected to continue to be traded on the Nasdaq Global Select Market under the ... “SiriusXM commands the largest paid share-of-ear in the car and has proven itself ...
Our forecast indicates that Sirius XM’s valuation is $4.80 per share, which is 36% higher than the current market price of $3.69 (as of April 25).
We forecast Sirius XM’s Revenue to be almost $9.1 billion for the full year 2023, marginally up y-o-y. Looking at the bottom line, we now forecast EPS to come in at $0.31.
SiriusXM's share price saw the highest gain among music ... The radio giant’s stock is down 62.5% year to date amidst a weak radio advertising market and steady growth at competing streaming ...
SiriusXM reported overall third-quarter revenue of $2.27 billion, down slightly from $2.28 billion in the year-ago period. Earnings of $363 million, or 9 cents per share, rose from $247 million ...
On the bottom line, adjusted earnings before interest, taxes, depreciation, and amortization rose 4% to $650 million, and earnings per share improved from $0.06 in the quarter a year ago to $0.07.
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