{"id":63136,"date":"2019-01-30T23:25:36","date_gmt":"2019-01-30T15:25:36","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/siriusxm-reaches-record-revenue-in-q4-2018\/"},"modified":"2019-01-30T23:25:36","modified_gmt":"2019-01-30T15:25:36","slug":"siriusxm-reaches-record-revenue-in-q4-2018","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/siriusxm-reaches-record-revenue-in-q4-2018\/","title":{"rendered":"SiriusXM Reaches Record Revenue in Q4 2018"},"content":{"rendered":"<\/p>\n<p><strong>SiriusXM<\/strong>&nbsp;released its fourth quarter (Q4) and full-year 2018 operating and financial results, including record revenues of&nbsp;$1.5 billion&nbsp;and&nbsp;$5.8 billion, respectively, increasing 7 percent and 6 percent compared to the prior year periods.<\/p>\n<p>The Company\u2019s net income totaled&nbsp;$251 million&nbsp;in the fourth quarter, compared to&nbsp;$37 million&nbsp;in the prior year period, while full-year 2018 net income grew 81 percent to a record&nbsp;$1.2 billion. Adjusted Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) grew 6 percent to&nbsp;$576 million&nbsp;in the fourth quarter, and grew 6 percent for the full-year 2018 to a record&nbsp;$2.2 billion. Self-pay net subscribers reached 1.4 million in 2018, while total subscribers topped 34 million.&nbsp;Additionally, SiriusXM acquired Pandora Media in 2018.<\/p>\n<p>\u201cSiriusXM had a strong finish to 2018, a year that saw our ninth consecutive year of one-million-plus net subscriber adds and our lowest full-year churn rate in the past decade. We have set even more ambitious goals for the company to continue growing in 2019. In addition, we were pleased that yesterday Pandora\u2019s stockholders voted in favor of our proposed merger, and expect to close the transaction shortly,\u201d said SiriusXM Chief Executive Officer (CEO)&nbsp;Jim Meyer.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SiriusXM&nbsp;released its fourth quarter (Q4) and full-year 2018 operating and financial results, including record revenues of&nbsp;$1.5 billion&nbsp;and&nbsp;$5.8 billion, respectively, increasing 7 percent and 6 percent compared to the prior year periods. The Company\u2019s net income totaled&nbsp;$251 million&nbsp;in the fourth quarter, compared to&nbsp;$37 million&nbsp;in the prior year period, while full-year 2018 net income grew 81 percent [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":62527,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-63136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/63136"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=63136"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/63136\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/62527"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=63136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=63136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=63136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}