Sirius XM Q3 Earnings Preview: Expect Steady Subscriber Adds

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Sirius XM is scheduled to report its Q3 fiscal 2016 earnings on October 27th. The company has historically been leveraging its reach in the new and used car domains to increase its subscriber count. Even during the third quarter, we expect Sirius XM to have experienced steady growth in both subscriber base and revenues, given the rise in new car sales and increased penetration in the used car market. However, considering that Sirius XM’s subscriber base is nearly 30 million, new subscriber additions may not be as strong as they have been historically. Surprisingly, the number of subscriber additions in Q3 last year was significantly better than the same quarter of the prior year.

sirius xm Q3 earnings preview

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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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