SiriusXM Tumbles on 2025 Revenue Outlook as Firm Outlines Cost …

Dec 10, 2024 · Shares of Sirius XM Holdings Inc., the online radio service that’s home to shock jock Howard Stern, fell as much as 9.8% after the company issued a 2025 revenue forecast that fell short of Wall ...

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SiriusXM Tumbles On 2025 Revenue Outlook As Firm Outlines Cost …

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SiriusXM Tumbles On 2025 Revenue Outlook As Firm Outlines Cost …

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Dec 10, 2024 · (Bloomberg) -- Shares of Sirius XM Holdings Inc., the online radio service that’s home to shock jock Howard Stern, fell as much as 9.8% after the company issued a 2025 …

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SiriusXM Plans $200M In Cost Cuts In Pullback From Streaming

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Dec 10, 2024 · Satellite audio firm SiriusXM is aiming to trim costs by $200 million in 2025 as it shifts away from streaming and refocuses on its core automotive market. ... Stock Tumbles …

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SiriusXM To Cut $200M In Costs, Pivots Away From Streaming

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Dec 10, 2024 · SiriusXM Shake-Up: $200M in Cost Cuts, Pivot Away From Streaming. ... SiriusXM delivered updated 2025 guidance of revenue of $8.5 billion and adjusted EBITDA of …

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SiriusXM Backs Off Streaming And Looks To Cut $200 Million In Costs

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Dec 10, 2024 · The news: SiriusXM is backing away from its recently launched music streaming platform and plans to cut costs by $200 million, the company announced Tuesday as it gave a …

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Sirius XM Targets $8.5B In 2025 Revenue With Focus On EV …

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1 day ago · Management reaffirmed its 2025 guidance, projecting $8.5 billion in revenue, $2.6 billion in adjusted EBITDA, and $1.15 billion in free cash flow. These targets reflect the impact …

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SiriusXM Provides Update On Strategic Direction, Sharpening …

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Dec 10, 2024 · Without giving effect to any opportunistic share repurchases, SiriusXM expects to reduce its debt by approximately $700M in 2025 and achieve a leverage ratio of 3.6x by year …

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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 To Sharpen Focus On Core Subscription Business

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Dec 10, 2024 · SiriusXM also provided 2025 guidance for total revenue of $8.5 billion, adjusted EBITDA of $2.6 billion, and free cash flow of $1.15 billion. This follows the reaffirmation of …

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SiriusXM Revises 2025 Revenue Forecast, Appoints New COO

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On Tuesday, the premium audio service provider said it is still on track to earn $8.675 billion in revenue this year, but expects to only pull in $8.5 billion in revenue in 2025.

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SiriusXM Provides Update On Strategic Direction ... - Morningstar

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Dec 10, 2024 · In conjunction with today's update, SiriusXM is providing 2025 guidance for total revenue of $8.5 billion, adjusted EBITDA of $2.6 billion, and free cash flow of $1.15 billion.

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SiriusXM Stock Falls As 2025 Revenue Outlook Misses Estimates

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Dec 10, 2024 · SiriusXM forecasts 2025 total revenue of $8.5 billion, falling short of analyst estimates of $8.71 billion. The company expects adjusted EBITDA of $2.6 billion and free cash …

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SiriusXM Unveils 2025 Strategic Plan: $200M Cost Savings Push …

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Dec 10, 2024 · SiriusXM (NASDAQ: SIRI) announced an updated strategic plan focusing on its core subscription business and advertising portfolio. The company provided 2025 guidance …

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Sirius XM: Strong EPS, Sub Loss Woes | The Motley Fool

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1 day ago · Sirius XM (SIRI 5.31%), a prominent player in satellite radio and digital streaming, released its fourth quarter 2024 earnings on January 30, 2025.. Its diluted earnings per share …

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Can SiriusXM Stock Recover From The 57.5% Year-to-Date Plunge?

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Dec 24, 2024 · SiriusXM SIRI is navigating a complex market landscape with a strategic approach that suggests the potential for recovery in 2025, despite a 57.5% decline in the year-to-date …

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FAQs about SiriusXM Tumbles on 2025 Revenue Outlook as Firm Outlines Cost … Coupon?

Will SiriusXM cut costs by $200 million in 2025?

Satellite audio firm SiriusXM is aiming to trim costs by $200 million in 2025 as it shifts away from streaming and refocuses on its core automotive market. The news, announced in a press release, follows efforts in 2023 and 2024 to achieve about $350 million in cost savings. ...

Will SiriusXM bring in less revenue next year than in 2024?

SiriusXM expects to bring in less revenue next year than in 2024, according to the company’s latest guidance. The satellite radio and audio-streaming company said Tuesday that it projects $8.5 billion in revenue for 2025 and is standing by guidance for $8.675 billion in revenue this year. ...

What is SiriusXM expected to do in 2025?

SiriusXM delivered updated 2025 guidance of revenue of $8.5 billion and adjusted EBITDA of $2.6 billion, below its 2024 revenue guidance of $8.675 billion and adjusted EBITDA of approximately $2.7 billion. Free cash flow is expected to reach $1.15 billion in 2025, above the $1 billion in 2024. ...

Why did SiriusXM stock slip on weak 2025 revenue outlook?

SiriusXM stock slips on weak 2025 revenue outlook Julie Hyman and Josh Lipton Tue, Dec 10, 2024, 3:44 PM In This Article: SIRI SiriusXM (SIRI) shares tumbled Tuesday after the company's 2025 revenue forecast fell short of Wall Street expectations. ...

Why did SiriusXM stock tumble Tuesday?

In This Article: SIRI SiriusXM (SIRI) shares tumbled Tuesday after the company's 2025 revenue forecast fell short of Wall Street expectations. The decline comes in the wake of the company's announcement of a new cost-cutting initiative for the upcoming year, signaling potential challenges ahead for the satellite radio provider. ...

How much money will SiriusXM make next year?

Free cash flow is forecast to hit $1.15 billion next year, up from a projected $1 billion in 2024. 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. ...