Sirius XM Holdings Inc Q1 2021 Earnings Call Summary - Thomson StreetEvents

Sirius XM Holdings Inc Q1 2021 Earnings Call Summary

Sirius XM Holdings Inc Q1 2021 Earnings Call Summary - Thomson StreetEvents
Sirius XM Holdings Inc Q1 2021 Earnings Call Summary
Published Apr 28, 2021
15 pages (7913 words) — Published Apr 28, 2021
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of SIRI.OQ earnings conference call or presentation 28-Apr-21 12:00pm GMT

  
Brief Excerpt:

...Turned in a great performance across the board and is benefiting from: 1. Americans getting back on road. a. b. Growing auto sales. c. Consumer incomes bolstered by significant federal stimulus. 2. These impressive results are a strong testament to: Demand for great content. a. b. Resilient business model. c. Team flawlessly executing the strategies. 3. SIRI is the premier audio entertainment co. in North America. Across Co.'s properties, approx. 150m users regularly listen to its content, much of it premium, unique and expertly curated, covering everything from music to talk, news, sports, comedy and podcast. a. 4. Drake, a global superstar and one of the most streamed artist in the world, in March launched his highly anticipated exclusive SIRI channel, Sound 42. For the first time ever, Co. has enabled non-subscribers to tune in via an open access option set up for this channel. a. 5. The best in audio business model, powered by complementary subscription and advertising engines has made...

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
Sirius XM Holdings Inc
Ticker
SIRI.OQ
Time
12:00pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Sebastiano Carmine Petti - JPMorgan Chase & Co, Research Division - Analyst : I was just wondering if you can give us an update on your podcast strategy. Obviously, a lot of headlines from Apple and Spotify recently about moving more towards subscription-based service. Just wanted to hear your views on if this is where the market is going and perhaps how SIRI is thinking about it longer term? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. APRIL 28, 2021 / 12:00PM, SIRI.OQ - Q1 2021 Sirius XM Holdings Inc Earnings Call

Question: Sebastiano Carmine Petti - JPMorgan Chase & Co, Research Division - Analyst : That's helpful. And then perhaps if I can follow-up on just your comments around the silicon shortage. If indeed, the supply chain is constrained and OEMs are unable to kind of refill that inventory, would that be a positive? Should we think about that as an upside benefit to EBITDA as -- for the full year as SAC build -- the inventory build will not necessarily come through in the numbers? Just any color there would be great.

Table Of Contents

Sirius XM Holdings Inc at Credit Suisse Communications Conference (Virtual) Transcript – 2021-06-15 – US$ 54.00 – Edited Transcript of SIRI.OQ presentation 15-Jun-21 3:10pm GMT

Sirius XM Holdings Inc at Evercore ISI TMT Conference (Virtual) Transcript – 2021-06-08 – US$ 54.00 – Edited Transcript of SIRI.OQ presentation 8-Jun-21 2:15pm GMT

Sirius XM Holdings Inc Annual Shareholders Meeting Transcript – 2021-06-03 – US$ 54.00 – Edited Transcript of SIRI.OQ shareholder or annual meeting 3-Jun-21 12:30pm GMT

Sirius XM Holdings Inc at JPMorgan Global Technology, Media and Communications Conference (Virtual) Transcript – 2021-05-25 – US$ 54.00 – Edited Transcript of SIRI.OQ presentation 25-May-21 2:15pm GMT

Sirius XM Holdings Inc Q1 2021 Earnings Call Transcript – 2021-04-28 – US$ 54.00 – Edited Transcript of SIRI.OQ earnings conference call or presentation 28-Apr-21 12:00pm GMT

Sirius XM Holdings Inc at Deutsche Bank Virtual Media, Internet & Telecom Conference Transcript – 2021-03-09 – US$ 54.00 – Edited Transcript of SIRI.OQ presentation 9-Mar-21 9:00pm GMT

Sirius XM Holdings Inc at Morgan Stanley Technology, Media and Telecom Conference (Virtual) Transcript – 2021-03-01 – US$ 54.00 – Edited Transcript of SIRI.OQ presentation 1-Mar-21 3:15pm GMT

Sirius XM Holdings Inc Q4 2020 Earnings Call Summary – 2021-02-02 – US$ 54.00 – Edited Brief of SIRI.OQ earnings conference call or presentation 2-Feb-21 1:00pm GMT

Sirius XM Holdings Inc Q4 2020 Earnings Call Transcript – 2021-02-02 – US$ 54.00 – Edited Transcript of SIRI.OQ earnings conference call or presentation 2-Feb-21 1:00pm GMT

Sirius XM Holdings Inc at Citi Global TMT West Virtual Conference (Virtual) Transcript – 2021-01-07 – US$ 54.00 – Edited Transcript of SIRI.OQ presentation 7-Jan-21 9:00pm GMT

More from Thomson StreetEvents

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Cite this Report

  
MLA:
Thomson StreetEvents. "Sirius XM Holdings Inc Q1 2021 Earnings Call Summary" Apr 28, 2021. Alacra Store. May 15, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2021-Sirius-XM-Holdings-Inc-Earnings-Call-B13663561>
  
APA:
Thomson StreetEvents. (2021). Sirius XM Holdings Inc Q1 2021 Earnings Call Summary Apr 28, 2021. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2021-Sirius-XM-Holdings-Inc-Earnings-Call-B13663561>
  
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