SiriusXM CEO Jennifer Witz Mike Coppola/Getty Images Share on Facebook Share on X Share to Flipboard Send an Email Show additional share options Share on LinkedIn Share on Pinterest Share on Reddit Share on Tumblr Share on Whats App Print the Article Post a Comment SiriusXM reported third-quarter revenue of $2.16 billion, above analyst expectations but down 1 percent from the prior-year period, and net income of $297 million, after reporting a net loss of $29.6 billion a year ago. The company reported earnings per share of $0.84, above analyst expectations and compared to a loss of $8.74 in the third quarter of 2024. The year ago net loss included a $3.36 billion noncash goodwill impairment related to the Liberty Media transaction. The satellite radio company reported 32.8 million total subscribers, down 40,000 paid subscribers from a year ago. Monthly churn improved slightly year-over-year, reaching 1.6 percent. The lower subscriber base led to a $13 million decrease in subscriber revenue this quarter. Related Stories Business MrBallen Podcast Moves to SiriusXM (Exclusive) Business Howard Stern Floats "Ownership" as SiriusXM Contract Negotiating Point In the prior quarter, the company extended its agreement with Andy Cohen, renewd its agreement with Megyn Kelly and saw Stephen A. Smith debut on the platform. SiriusXM also recently signed popular podcasts Morbid and The MrBallen Podcast. "This was a quarter of meaningful progress for SiriusXM," said CEO Jennifer Witz. "We're enhancing the subscriber experience through new content, deeper personalization, and continued innovation across every stage of the customer journey, driving greater engagement and value for our listeners. At the same time, we're scaling our digital advertising business and strengthening our leadership in podcasting. Across each of these areas, we're leveraging our unique assets to deliver sustainable profitability and long-term value for our shareholders - a strategy that is already delivering as we raise our full year guidance." The company increased its 2025 guidance for revenue to $8.525 billion and its adjusted EBITDA of about $2.625 billion and free cash flow of approximately $1.225 billion. THR Newsletters Sign up for THR news straight to your inbox every day Subscribe Sign Up Comcast Comcast C-Suite Shuffle: Steve Croney to Succeed Dave Watson at Platforms Business Fox Fox's Profit Dropped in Quarter Lachlan Murdoch Officially Took the Sole Reins Peacock Peacock Posts $217 Million Loss as Subscribers Remain Unchanged at 41 Million Paramount Animation Paramount Animation President Ramsey Naito Exits Studio YouTube YouTube to Offer Voluntary Buyouts to Employees Amid AI Disruption THR, Esq YouTube, Disney Settle Lawsuit Over Exec Poaching Comcast Comcast C-Suite Shuffle: Steve Croney to Succeed Dave Watson at Platforms Business Fox Fox's Profit Dropped in Quarter Lachlan Murdoch Officially Took the Sole Reins Peacock Peacock Posts $217 Million Loss as Subscribers Remain Unchanged at 41 Million Paramount Animation Paramount Animation President Ramsey Naito Exits Studio YouTube YouTube to Offer Voluntary Buyouts to Employees Amid AI Disruption THR, Esq YouTube, Disney Settle Lawsuit Over Exec Poaching