Sirius XM To Sharpen Focus On Core Subscription Business; Issues …

Dec 10, 2024 · (RTTNews) - Sirius XM Holdings (SIRI) announced an updated strategic plan, which sharpens the focus on core subscription business; leverages the strength of its …

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SiriusXM Outlines New Strategic Plan, Targets $200 Million Savings …

18 hours ago

Dec 10, 2024 · NEW YORK - Sirius XM Holdings Inc. (NASDAQ: NASDAQ: SIRI) today announced a comprehensive strategic plan aimed at enhancing its focus on core subscription …

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SiriusXM Expects Revenue To Decline In 2025 - WSJ

18 hours ago

SiriusXM also gave an update on its strategic direction, saying it intends to double down on its core automotive subscriber cohort and focus on cutting about $200 million in costs next year. …

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Sirius XM Q4 2024 Earnings Results & Analysis | SIRI Financial News

18 hours ago

1 day ago · Sirius XM reported a net loss of $2.1 billion in 2024, contrasting sharply with a $988 million net income in 2023, primarily due to a $3.5 billion impairment charge. ... The company’s …

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Sirius XM (SIRI) Q4 2024 Earnings Call Transcript

18 hours ago

17 hours ago · Sirius XM (SIRI 5.82%) Q4 2024 Earnings Call Jan 30, 2025, 8:00 a.m. ET. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: …

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Is Sirius XM A Buy, Sell, Or Hold In 2025? | The Motley Fool

18 hours ago

Oct 3, 2024 · The business represents 25% of Sirius XM's revenue. Hence, this tepid growth wasn't enough to offset the declining satellite-segment's revenue. Overall, the company's top …

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SiriusXM 2024 Earnings: Revenue Falls 3% Amid Streaming App

18 hours ago

1 day ago · Declines in subscriber and advertising revenue in 2024 reinforce the company's pivot away from streaming and towards a focus on core in-car listeners. By Elizabeth Dilts Marshall …

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SiriusXM Adds 149,000 Subscribers, Sees Increased Podcasting …

18 hours ago

1 day ago · At the end of 2024, the audio giant said it was focusing on in-car subscribers and cutting $200 million in costs. By Caitlin Huston Business Writer SiriusXM added approximately …

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SiriusXM Q4 2024 Earnings: Company Reverses Subscriber

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1 day ago · SiriusXM sought to get out in front of the quarterly numbers in December, issuing a revised 2025 forecast for $8.5 billion in revenue (below what analysts had been expecting) and …

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Sirius XM Q4 Earnings Beats Estimates, CEO Highlights Focus

18 hours ago

1 day ago · Sirius XM Q4 revenue fell 4% to $2.19B, beating estimates, with EPS of $0.83 vs. $0.66 expected, stock up 5.49%. Self-pay subscribers declined by 296K in 2024, but free cash …

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FAQs about Sirius XM To Sharpen Focus On Core Subscription Business; Issues … Coupon?

What is Sirius XM's new strategic plan?

(RTTNews) - Sirius XM Holdings (SIRI) announced an updated strategic plan, which sharpens the focus on core subscription business; leverages the strength of its advertising business across its portfolio; accelerates efficiency throughout the organization; and emphasizes margins, free cash flow generation, and stockholder returns. ...

What's new at SiriusXM?

SiriusXM has appointed a new chief operating officer and laid out a new strategic vision that includes a greater focus on cost efficiencies and on its car subscription business. ...

What does Sirius XM do?

SiriusXM is the leading audio entertainment company in North America with a portfolio of audio businesses including its flagship subscription entertainment service SiriusXM; the ad-supported and premium music streaming services of Pandora; an expansive podcast network; and a suite of business and advertising solutions. ...

Does SiriusXM have a strategic focus?

Speaking to analysts on the company’s fourth-quarter earnings call, CEO Jennifer Witz said the company’s management team has “sharpened our strategic focus on SiriusXM’s strengths and differentiators, with an emphasis on robust margins, free cash flow generation, and capital returns.” ...

How does SiriusXM improve efficiencies?

Increasing Efficiency: Following the successful implementation of cost-reduction efforts across various business units as well as a period of high re-investment in product infrastructure, SiriusXM is further optimizing efficiencies in key areas across the business. ...

Does SiriusXM have a core automotive subscriber segment?

Doubling Down on SiriusXM's Core Automotive Subscriber Segment: SiriusXM's position in-vehicle remains unrivaled in audio entertainment, reflected in its leading in-car share of ear 1. ...