Sirius XM Holdings Inc
SIRI: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| g>K | LOCK|&HM | LOCK|>zCr$b |
Sirius XM Earnings: Results Remain Weak Despite Efforts to Transform Business
Sales metrics remained weak at Sirius XM in the first quarter. The firm lost another 303,000 self-pay SiriusXM subscribers, average revenue per subscriber continued its descent, and the firm again cited a weak advertising market. Total sales were down 4%, while adjusted EBITDA was down 3%.
