Sirius XM Holdings Inc. Earnings Advance 62% In Q1

(RTTNews) - Sirius XM Holdings Inc. (SIRI) revealed a profit for its first quarter that increased compared to the same period last year.

The company said its bottom line totaled $171.34 million, or $0.03 per share. This was higher than $105.69 million, or $0.02 per share, in last year's first quarter.

Analysts had expected the company to earn $0.03 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 11.1% to $1.20 billion. This was up from $1.08 billion last year.

Sirius XM Holdings Inc. earnings at a glance:

-Earnings (Q1): $171.34 Mln. vs. $105.69 Mln. last year. -Earnings Growth (Y-o-Y): 62.1% -EPS (Q1): $0.03 vs. $0.02 last year. -EPS Growth (Y-o-Y): 50.0% -Analysts Estimate: $0.03 -Revenue (Q1): $1.20 Bln vs. $1.08 Bln last year. -Revenue Change (Y-o-Y): 11.1%

-Guidance: Full year revenue guidance: $4.9 Bln