SiriusXM Q3 net income grows 42% y/y to USD276 million
Company expects full-year sales of 5.4 billion
SiriusXM’s net income increased by 42% year-over-year (y/y) to USD276 million in the third quarter ended 30 September 2017, driven primarily by 8% growth in revenue to USD1.4 billion, the company said in a press release. The company attributed the growth in revenue to 4% increase in subscribers and 3% increase in average revenue per user (ARPU) to USD13.41.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here