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Sirius XM | 8-K: SiriusXM Reports Third Quarter 2024 Operating and Financial Results

Sirius XM | 8-K: SiriusXM Reports Third Quarter 2024 Operating and Financial Results

Sirius XM | 8-K:SiriusXM 公佈 2024 年第三季度運營和財務業績
美股SEC公告 ·  10/31 20:00

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Sirius XM Holdings Inc. reported its financial results for the third quarter of 2024 on October 31, 2024, revealing a total revenue of $2.17 billion, marking a 4% decline from the same period in the previous year. The company faced a substantial net loss of $2.96 billion, primarily due to a non-cash impairment charge of approximately $3.36 billion associated with the Liberty Media transaction. Despite the loss, the company's adjusted EBITDA was $693 million, with a 32% margin, and free cash flow stood at $93 million. Sirius XM added 14,000 self-pay subscribers during the quarter, and reduced its full-year 2024 revenue guidance while reaffirming its adjusted EBITDA and free cash flow guidance. The company's CEO, Jennifer Witz, emphasized the progress in transforming SiriusXM and leveraging its strengths...Show More
Sirius XM Holdings Inc. reported its financial results for the third quarter of 2024 on October 31, 2024, revealing a total revenue of $2.17 billion, marking a 4% decline from the same period in the previous year. The company faced a substantial net loss of $2.96 billion, primarily due to a non-cash impairment charge of approximately $3.36 billion associated with the Liberty Media transaction. Despite the loss, the company's adjusted EBITDA was $693 million, with a 32% margin, and free cash flow stood at $93 million. Sirius XM added 14,000 self-pay subscribers during the quarter, and reduced its full-year 2024 revenue guidance while reaffirming its adjusted EBITDA and free cash flow guidance. The company's CEO, Jennifer Witz, emphasized the progress in transforming SiriusXM and leveraging its strengths for long-term growth. CFO Tom Barry highlighted the disciplined financial management and the company's focus on executing its long-term strategy. The report also detailed segment highlights, including a decrease in paid promotional subscribers and a slight decline in ARPU. The company's efforts in content innovation, technology, and pricing strategies were also outlined, along with the impact of the Liberty Media transaction on its financial guidance.
Sirius XM Holdings Inc.報告了2024年第三季度的財務業績,截至2024年10月31日,總營業收入爲21.7億美元,同比去年同期下降4%。該公司面臨着29.6億美元的巨額淨虧損,主要是由於與Liberty Media交易相關的約33.6億美元的非現金減值損失。儘管虧損,該公司的調整後EBITDA爲69300萬美元,毛利率爲32%,自由現金流爲9300萬美元。SiriusXM在本季度新增了1.4萬名自付訂閱用戶,並調低了其2024年全年營收指引,同時重申了其調整後EBITDA和自由現金流指引。該公司的首席執行官Jennifer Witz強調了改造SiriusXM和利用其長期...展開全部
Sirius XM Holdings Inc.報告了2024年第三季度的財務業績,截至2024年10月31日,總營業收入爲21.7億美元,同比去年同期下降4%。該公司面臨着29.6億美元的巨額淨虧損,主要是由於與Liberty Media交易相關的約33.6億美元的非現金減值損失。儘管虧損,該公司的調整後EBITDA爲69300萬美元,毛利率爲32%,自由現金流爲9300萬美元。SiriusXM在本季度新增了1.4萬名自付訂閱用戶,並調低了其2024年全年營收指引,同時重申了其調整後EBITDA和自由現金流指引。該公司的首席執行官Jennifer Witz強調了改造SiriusXM和利用其長期增長優勢的進展。首席財務官Tom Barry強調了公司的財務管理紀律和長期戰略執行的重點。報告還詳細介紹了各業務部門的亮點,包括付費促銷訂戶的減少和ARPU略微下降。該公司在內容創新、科技和定價策略方面的努力也得到了概述,同時還介紹了Liberty Media交易對其財務指引的影響。

譯文內容由第三人軟體翻譯。


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