SiriusXM Q2 Revenue Climbs

By on Jul, 26 2016 with Comments 0

Sirius XMSiriusXM reported $1.2 billion in revenue in the second quarter. That’s up 10% from the same period a year ago.

Net income totaled $173 million, up 63%. Net subscribers passed 30 million with 587,000 new additions.

“Our subscriber base, revenue, adjusted EBITDA, and free cash flow have never been higher. We are pleased to once again raise our key guidance metrics for the full year,” said SiriusXM CEO Jim Meyer.

 

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About The Author: Leslie Stimson has been a reporter for 35+ years, starting in radio news. She’s spent the last 20 years reporting for radio trades.

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