When Sirius XM Holdings (NASDAQ:SIRI) announced Q3 results earlier this week, the press release began with a list of accomplishments, some of which were record highs and raised 2017 full-year guidance for the company:
- Third Quarter Revenue Climbs 8% to $1.4 Billion
- Quarterly Net Income Increases 42% to $276 Million; Diluted EPS Grows 49% to $0.06
- Adjusted EBITDA Grows 12% to a Quarterly Record of $551 Million and Margin of 39.9%
- Quarterly Operating Cash Flow Rises 24% to $521 Million
- Free Cash Flow Grows 22% to a Quarterly Record $434 Million
- Self-Pay Net Subscribers Increase 311,000 to Reach Approximately 27 Million
- Company Increases 2017 Guidance for Revenue, Adjusted EBITDA and Free Cash Flow
The full-year guidance figures are now:
