SiriusXM Q3 2023 Earnings: Profits Up 47%, Revenues Flat

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The company said it lost 96,000 self-pay subscribers in the quarter, but total subscribers held flat at 34 million as it prepares to unveil a new app.

Satellite radio giant SiriusXM reported quarterly net profits rose nearly 50% compared to a year ago, but that it also lost 96,000 self-pay subscribers in recent months.

“The ongoing enhancements to our user experience will ensure that our unique suite of content resonates with our audience in increasingly personalized ways,” she said. “This leading content and upcoming product upgrade will be paired with our unmatched business model, which we expect to continue delivering significant and growing free cash flow in the years ahead.”

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日本 最新ニュース, 日本 見出し