SiriusXM Reports Net Income Growth of 45 Percent to $292 Million in Q2
Despite growing competition in the streaming music market, SiriusXM (NASDAQ: SIRI) continues to hold its own with faithful listeners. Last week, the company reported second quarter revenue of $1.43 billion, a 6 percent increase year-over-year. SiriusXM also reported net income of $292 million, or $0.06 diluted earnings per share, representing 45 percent growth year-over-year.
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