Sirius XM Earnings: Subscriber Growth Accelerates And Exhibits Future Potential

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Sirius XM

  • Sirius XM’s revenue and EBITDA increased by around 10% year over year in Q1 fiscal 2016.
  • The main highlight of the results was the acceleration in subscriber addition and a subsequent increase in annual subscriber guidance.
  • Subscriber additions for the first quarter increased by 7% year over year and the company increased its guidance from 1.4 million additions to 1.6 million additions for 2016.
  • Due to the below mentioned reasons, we expect that Sirius XM’s subscriber base will continue to increase by around 1.6 million every year for the next five-six years.

Sirius xm Q1 2016 earnings article part 1

Sirius xm Q1 2016 earnings article second part

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Sirius XM
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