Sirius XM Holdings Inc

SIRI: XNAS (USA)
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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%.

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