NEW YORK (AP) — NEW YORK (AP) — Sirius XM Holdings Inc. (SIRI) on Tuesday reported third-quarter earnings of $363 million.
On a per-share basis, the New York-based company said it had profit of 9 cents.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.
The satellite radio company posted revenue of $2.27 billion in the period, falling short of Street forecasts. Six analysts surveyed by Zacks expected $2.29 billion.
Sirius XM expects full-year revenue of $9 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SIRI at https://www.zacks.com/ap/SIRI