April 29, 2015:Big Q1 numbers for SiriusXM

Big Q1 numbers for SiriusXM

US satellite radio provider SiriusXM announced its first-quarter financial results last night, with revenues up 8% year-on-year to $1.08bn, and net profits up 12% to $106m. The company added 431k net new subscribers in the first quarter, ending it with 27.7 million subscribers, with 22.9 million of them classed as “self-pay” rather than promotional in nature. 

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