Sirius XM Holdings Inc Q3 2023 Earnings Call Summary - Thomson StreetEvents

Sirius XM Holdings Inc Q3 2023 Earnings Call Summary

Sirius XM Holdings Inc Q3 2023 Earnings Call Summary - Thomson StreetEvents
Sirius XM Holdings Inc Q3 2023 Earnings Call Summary
Published Oct 31, 2023
11 pages (6733 words) — Published Oct 31, 2023
Price US$ 54.00  |  Buy this Report Now

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Abstract:

Edited Brief of SIRI.OQ earnings conference call or presentation 31-Oct-23 12:00pm GMT

  
Brief Excerpt:

...A. We closed the quarter with approximately 34 million total subscribers to our flagship SiriusXM service and continued to drive sequential improvements quarter-to-quarter in self-pay net subs. B. Subscriber churn remains incredibly low at approximately 1.6% despite increases in vehicle-related turnover. C. And although we did not issue formal subscriber guidance for 2023, we are still anticipating slightly positive self-pay net subscriber additions for the back half of this year. D. The overall ad market remained soft, and we expect to close the year relatively flat versus last year. E. Our resilient and extremely profitable business model underscored by our significant ongoing cash flow generation persist even amid this investment phase of our business, as we ready for the upcoming rollout of our next-generation platform later this quarter. F. And over time, we expect that Android will grow to become the dominant OEM operating system, improving 360L adoption and feature parity along the...

  
Report Type:

Brief

Source:
Company:
Sirius XM Holdings Inc
Ticker
SIRI.OQ
Time
12:00pm GMT
Format:
PDF Adobe Acrobat
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Sirius XM Holdings Inc at JPMorgan Global Technology, Media and Communications Conference Transcript – 2023-05-22 – US$ 54.00 – Edited Transcript of SIRI.OQ presentation 22-May-23 2:00pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Sirius XM Holdings Inc Q3 2023 Earnings Call Summary" Oct 31, 2023. Alacra Store. May 16, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2023-Sirius-XM-Holdings-Inc-Earnings-Call-B15762689>
  
APA:
Thomson StreetEvents. (2023). Sirius XM Holdings Inc Q3 2023 Earnings Call Summary Oct 31, 2023. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2023-Sirius-XM-Holdings-Inc-Earnings-Call-B15762689>
  
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