Welcome to our dedicated page for Sirius XM Holdings news (Ticker: SIRI), a resource for investors and traders seeking the latest updates and insights on Sirius XM Holdings stock.
Sirius XM Holdings Inc. reports developments across its North American audio entertainment portfolio, including the flagship SiriusXM satellite and streaming subscription service, Pandora streaming services, a podcast network, and business and advertising solutions. Company news commonly covers operating and financial results, subscriber and advertising trends, programming across music, talk, news, and sports, and distribution through vehicles and streaming platforms.
Updates also include board-declared cash dividends, debt financing activity at Sirius XM Radio LLC, tender offers for senior notes, and advertising sales relationships handled through SiriusXM Media. These releases connect the company's subscription audio, ad-supported streaming, podcast, and advertising businesses with its capital-allocation and balance-sheet actions.
Sirius XM Holdings Inc. (NASDAQ: SIRI) announced a quarterly cash dividend of $0.0242 per share, set for payment on February 24, 2023. Stockholders on record as of the close of business on February 9, 2023 will receive this dividend. SiriusXM is North America's leading audio entertainment company, offering diverse content across music, talk, news, and sports to approximately 150 million listeners monthly. This dividend declaration reflects the company's commitment to returning value to shareholders.
SiriusXM Holdings Inc. (NASDAQ: SIRI) is set to release its fourth quarter and full year 2022 financial results on February 2, 2023, at 8:00 a.m. ET. A conference call will follow, hosted by CEO Jennifer Witz and CFO Sean Sullivan. Investors can join via telephone using the numbers 877.407.4019 (toll-free) or +1 201.689.8337 (local). The presentation will also be available as a webcast on the Investor Relations section of the SiriusXM website. SiriusXM, a leading audio entertainment company in North America, offers a diverse range of audio services.
Maxar Technologies (NYSE:MAXR) has announced a new contract with SiriusXM (NASDAQ:SIRI) to build two additional geostationary communications satellites, SXM-11 and SXM-12, increasing the spacecraft in development for SiriusXM to four. This builds on the previous agreement for SXM-9 and SXM-10. The new satellites will enhance SiriusXM's service offerings and customer experience, contributing to a robust satellite fleet. Maxar's ongoing partnership with SiriusXM reflects its commitment to advanced satellite technology.
SiriusXM announced that Jennifer Witz, CEO, will present at the 2022 Liberty Media Investor Day on November 17, 2022, at 10:30 am ET. The event can be accessed via a webcast on SiriusXM's Investor Relations website.
SiriusXM, trading under SIRI, is a leading audio entertainment company in North America, reaching approximately 150 million listeners across various platforms, including Pandora. The company provides music, sports, podcasts, and more, while also offering connected vehicle services to automakers.
SiriusXM reported $2.28 billion in revenue for Q3 2022, a 4% increase year-over-year, with net income at $247 million and diluted EPS of $0.06. Adjusted EBITDA remained steady at $720 million. The company added 187,000 self-pay subscribers, totaling 32.2 million, while its total subscriber count was 34.2 million. SiriusXM announced a 10% increase in its quarterly dividend, bringing year-to-date capital returns to stockholders to $1.8 billion. Despite growth, the company remains cautious regarding advertising market trends impacting future guidance.
Lucid Group and SiriusXM announced that SiriusXM's audio entertainment will be standard in all Lucid vehicles, with a free 3-month trial for new and existing owners. The beta version is set to launch soon, aiming for full implementation in 2023. Lucid Air owners will gain access to hundreds of channels, podcasts, and personalized recommendations. This adds significant value to the user experience in Lucid's luxury electric vehicles, enhancing its technology-driven features.
SiriusXM (NASDAQ: SIRI) will announce its Q3 2022 financial results on November 1, 2022, at 8:00 a.m. EDT. The call will be hosted by CEO Jennifer Witz and CFO Sean Sullivan. A webcast will be available on the Investor Relations section of their website. Investors can join the call by dialing 866-580-3963 or +1-786-697-3501 five minutes before it starts. SiriusXM is North America's leading audio entertainment company, reaching about 150 million listeners across various platforms.
SiriusXM announced that CEO Jennifer Witz will present at the Bank of America Media, Communications & Entertainment Conference on September 7, 2022, and CFO Sean Sullivan will present at the Goldman Sachs Communacopia + Technology Conference on September 12, 2022. A webcast of both presentations will be accessible via the SiriusXM Investor Relations website. SiriusXM, listed under the ticker SIRI, serves approximately 150 million listeners in North America across its audio platforms.
SiriusXM reported Q2 2022 revenue of $2.25 billion, a 4% increase year-over-year. Net income fell to $292 million, down from $433 million in the previous year, with diluted EPS at $0.07. Adjusted EBITDA decreased by 3% to $679 million. The company returned $1.6 billion to shareholders year-to-date and anticipates positive self-pay net subscriber additions for the full year. Subscriber metrics showed modest growth in self-pay subscribers but a decrease in overall active users for Pandora.
American Express (AXP) is partnering with SiriusXM for the 'Small Stage Series' to promote local businesses through live performances in five U.S. cities this summer. The initiative includes a $30 gift card incentive for eligible Card Members at participating small businesses. A recent survey indicates that shopping small could contribute up to $793 billion to the economy this summer. Despite inflation concerns, 77% of small business owners are optimistic about sales, with 62% expecting higher revenues compared to last year.