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Sirius XM (NASDAQ:SIRI) Revises FY24 Financial Outlook, Lowers Revenue Projections but Maintains EBITDA Forecast
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Highlights
Sirius XM Holdings Inc. (NASDAQ:SIRI) hold an audio business portfolio including SiriusXM, Pandora, podcasts, and Off-platform.
In the third quarter of the financial year 2024 (3QFY24), SIRI reported total revenue of USD 2,171 million, a 4.4% decrease compared to USD 2,271 million in Q3FY23. It was primarily driven by a decline in subscriber revenue.
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