Sirius XM matches 4Q earnings expectations, tops revenue forecasts

MarketsAssociated Press

Sirius XM Holdings Inc. (SIRI) on Thursday reported fourth-quarter earnings of $143.1 million.

On a per-share basis, the New York-based company said it had net income of 3 cents.

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The results matched Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 3 cents per share.

The satellite radio company posted revenue of $1.09 billion in the period, beating Street forecasts. Analysts expected $1.08 billion, according to Zacks.

The company's shares closed at $3.61. A year ago, they were trading at $3.52.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SIRI at http://www.zacks.com/ap/SIRI

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Keywords: Sirius XM, Earnings Report