Sirius XM Holdings Inc
SIRI: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
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| <% | LOCK|>Ps | LOCK|<$Sd%V% |
Sirius XM Earnings: Encouraging Subscriber Metrics Don't Offset Continuing Revenue Contraction
Sirius XM's revenue again declined at a mid-single-digit clip in the fourth quarter. The firm grew its SiriusXM subscriber base for the first time in six quarters, but average revenue per user continues to drop. Margins were flat as cost savings have been reinvested in the business.
