Discover the latest financial results of SiriusXM. Despite subscriber numbers falling, the company remains focused on in-car ...
Declines in subscriber and advertising revenue in 2024 reinforce the company's pivot away from streaming and towards a focus on core in-car listeners. By Elizabeth Dilts Marshall SiriusXM reported ...
The company's business may be more complex than Spotify's, but it's still simple and stable enough to work in any economy.
At the end of 2024, the audio giant said it was focusing on in-car subscribers and cutting $200 million in costs.
FY25 Outlook: Sirius XM expects revenue of $8.500 billion versus the consensus of $8.594 billion. It also projected an adjusted EBITDA of $2.60 billion and expects a free cash flow of $1.15 billion.
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