share_log

Sirius XM | 10-K: Annual report

Sirius XM | 10-K:年度報表

SEC announcement ·  02/01 22:41
牛牛AI助理已提取核心訊息
Sirius XM, a leading audio entertainment company, reported mixed financial results for the year ended December 31, 2023. The company operates two main businesses, SiriusXM and Pandora and Off-platform, offering a range of music, sports, entertainment, and other content on a subscription basis. Despite a slight decrease in total consolidated revenue by 1% to $8,953 million compared to $9,003 million in the previous year, Sirius XM's subscriber revenue remained relatively stable at $6,342 million. Advertising revenue, however, saw a 14% decline to $169 million. The company's net income increased by 4% to $1,258 million, and income from operations decreased by 4% to $1,946 million. Sirius XM ended the year with approximately 33.9 million subscribers, while Pandora had about 46.0 million monthly active users and 6.0 million subscribers. The company also highlighted its...Show More
Sirius XM, a leading audio entertainment company, reported mixed financial results for the year ended December 31, 2023. The company operates two main businesses, SiriusXM and Pandora and Off-platform, offering a range of music, sports, entertainment, and other content on a subscription basis. Despite a slight decrease in total consolidated revenue by 1% to $8,953 million compared to $9,003 million in the previous year, Sirius XM's subscriber revenue remained relatively stable at $6,342 million. Advertising revenue, however, saw a 14% decline to $169 million. The company's net income increased by 4% to $1,258 million, and income from operations decreased by 4% to $1,946 million. Sirius XM ended the year with approximately 33.9 million subscribers, while Pandora had about 46.0 million monthly active users and 6.0 million subscribers. The company also highlighted its connected vehicle services and a 70% equity interest in Sirius XM Canada. Looking ahead, Sirius XM is preparing for a strategic transaction with Liberty Media, expected to be completed in the third quarter of 2024, which will see the company operate independently. The company anticipates growth in Sirius XM advertising revenue and Pandora and Off-platform advertising revenue, driven by improvements in monetization and growth in podcast businesses.
領先的音頻娛樂公司Sirius XM報告稱,截至2023年12月31日的年度財務業績喜憂參半。該公司經營兩項主要業務,即SiriusXM和Pandora以及Offplatform,以訂閱方式提供一系列音樂、體育、娛樂和其他內容。儘管與上一年的90.03億美元相比,合併總收入略有下降1%,至89.53億美元,但Sirius XM的訂戶收入仍相對穩定,爲63.42億美元。但是,廣告收入下降了14%,至1.69億美元。該公司的淨收入增長了4%,至12.58億美元,運營收入下降了4%,至19.46億美元。年底,Sirius XM擁有約3390萬訂閱者,而潘多拉擁有約4,600萬月活躍用戶和600萬訂閱...展開全部
領先的音頻娛樂公司Sirius XM報告稱,截至2023年12月31日的年度財務業績喜憂參半。該公司經營兩項主要業務,即SiriusXM和Pandora以及Offplatform,以訂閱方式提供一系列音樂、體育、娛樂和其他內容。儘管與上一年的90.03億美元相比,合併總收入略有下降1%,至89.53億美元,但Sirius XM的訂戶收入仍相對穩定,爲63.42億美元。但是,廣告收入下降了14%,至1.69億美元。該公司的淨收入增長了4%,至12.58億美元,運營收入下降了4%,至19.46億美元。年底,Sirius XM擁有約3390萬訂閱者,而潘多拉擁有約4,600萬月活躍用戶和600萬訂閱者。該公司還重點介紹了其聯網汽車服務以及加拿大Sirius XM70%的股權。展望未來,Sirius XM正在爲與Liberty Media的戰略交易做準備,該交易預計將於2024年第三季度完成,屆時該公司將獨立運營。該公司預計,受盈利改善和播客業務增長的推動,Sirius XM廣告收入以及潘多拉和平台外廣告收入將增長。

譯文內容由第三人軟體翻譯。


牛牛AI助手部分由第三方人工智慧模型基於資訊內容自動產生,只对除中国内地以外的地区提供。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。