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Sirius XM: Q2 Earnings Snapshot
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NEW YORK (AP) — NEW YORK (AP) — Sirius XM Holdings Inc. (SIRI) on Thursday reported second-quarter net income of $239 million.

On a per-share basis, the New York-based company said it had profit of 70 cents.

The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share.

The satellite radio company posted revenue of $2.16 billion in the period, which beat Street forecasts. Four analysts surveyed by Zacks expected $2.14 billion.

Sirius XM expects full-year revenue of $8.53 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SIRI at https://www.zacks.com/ap/SIRI

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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