Sirius XM Earnings: Subscriber Growth Accelerates And Exhibits Future Potential
- 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.
Have more questions about Sirius XM? See the links below:
- What’s Sirius XM’s Revenue & Earnings Breakdown In Terms Of Revenue Sources?
- What’s Sirius XM Fundamental Value Based On Expected 2016 Results?
- How Has Sirius XM’s Revenue Composition Changed In The Last Five Years?
- By What Percentage Can Sirius XM’s Revenues Grow Over The Next Three Years?
- By How Much Can Sirius XM’s Subscription Gross Margins Expand By 2020?
- How Much Revenues Can New Sirius XM Subscribers Add By 2020?
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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