SiriusXM Posts Double-Digit Profit Growth on Subscription Price Hikes, Pandora’s Ad Revenue
SiriusXM Holdings reported double-digit profit growth in the first quarter driven by the company’s subscription price hikes and increased advertising revenue from Pandora. Net income rose 20% to $245 million, and overall revenue edged 1% higher to $2.1 billion in the quarter ending March 31 compared to the same period a year ago. The company’s […]
