Sirius XM Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015; Provides Earnings Guidance for the Year 2015
Oct 22 15
Sirius XM announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported total revenue of $1,169,712,000 against $1,057,087,000 a year ago. Income from operations was $351,584,000 against $294,028,000 a year ago. Income before income taxes was $279,093,000 against $225,214,000 a year ago. Net income was $166,550,000 or $0.03 per basic and diluted share against $136,170,000 or $0.02 per basic and diluted share a year ago. Adjusted EBITDA was $447,194,000 against $381,251,000 a year ago. Adjusted net income was $167,675,000 or $0.03 per basic and diluted share against $138,136,000 or $0.02 per basic and diluted share a year ago. Net cash provided by operating activities was $188,613,000 against $296,096,000 a year ago. Additions to property and equipment were $29,714,000 against $28,827,000 a year ago.
For the nine months, the company reported total revenue of $3,373,912,000 against $3,090,143,000 a year ago. Income from operations was $884,819,000 against $826,013,000 a year ago. Income before income taxes was $671,984,000 against $602,733,000 a year ago. Net income was $375,091,000 or $0.07 per basic and diluted share against $350,119,000 or $0.06 per basic and diluted share a year ago. Net cash provided by operating activities was $900,954,000 against $888,168,000 a year ago. Additions to property and equipment were $90,943,000 against $87,244,000 a year ago. Adjusted EBITDA was $1,261,382,000 against $1,086,469,000 a year ago. Adjusted net income was $444,424,000 or $0.08 per basic and diluted share against $390,931,000 or $0.06 per diluted share a year ago.
For the full-year 2015, the company expects revenue of approximately $4.53 billion, adjusted EBITDA of approximately $1.65 billion, and free cash flow of approximately $1.3 billion.
SiriusXM to Offer Baseball Fans Extensive Coverage of the 2015 Major League Baseball Postseason
Oct 6 15
SiriusXM will offer baseball fans extensive coverage of the 2015 Major League Baseball postseason, with live play-by-play of every game, including both home and visiting team broadcasts, plus playoff talk and analysis every day on the MLB Network Radio channel. SiriusXM broadcasts every MLB game from Opening Day through the World Series. MLB games are available on Sirius radios with either a Premier or All Access package and on all XM radios. Through SiriusXM's agreement with MLBAM, MLB play-by-play is also available to all subscribers through their smartphones on the SiriusXM app. MLB Network Radio, SiriusXM's 24-hour baseball talk channel (XM channel 89, Sirius channel 209), will offer fans in-depth coverage of the postseason with the latest news, interviews and analysis. During the League Championship Series and World Series, MLB Network Radio will broadcast live on location from the ballpark before and after games, offering game previews and post-game interviews with players, managers and coaches.