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Friday, February 13, 2015

SiriusXM Posts Record Q4 Revenue


A stellar year of automobile sales helped propel SiriusXM to a record quarter and a very successful 2014. The Satellite company reported net income of $143 million in Q4 and $493 million for 2014, compared to $65 million in the 4th quarter of 2013 and $377 million for 2013. The company also recorded 576,689 net new subscribers in the fourth quarter, marking the largest fourth-quarter increase since 2007. Self-pay net subscriber adds were 508,032 in the fourth quarter of 2014 compared to 411,484 in the fourth quarter of 2013. When you add in all revenue streams, including subscriber, advertising, equipment and other, SiriusXM took in $1.1 Billion in Q4 and just under $4.2 Billion in 2014

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