Sirius XM Holdings Inc. Earnings Climb 68% In Q2

(RTTNews) - Sirius XM Holdings Inc. (SIRI) announced a profit for its second quarter that advanced from last year.

The company said its bottom line climbed to $173.02 million, or $0.03 per share. This was higher than $102.85 million, or $0.02 per share, in last year's second quarter.

Analysts had expected the company to earn $0.04 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 10.7% to $1.24 billion. This was up from $1.12 billion last year.

Sirius XM Holdings Inc. earnings at a glance:

-Earnings (Q2): $173.02 Mln. vs. $102.85 Mln. last year. -Earnings Growth (Y-o-Y): 68.2% -EPS (Q2): $0.03 vs. $0.02 last year. -EPS Growth (Y-o-Y): 50.0% -Analysts Estimate: $0.04 -Revenue (Q2): $1.24 Bln vs. $1.12 Bln last year. -Revenue Change (Y-o-Y): 10.7%

-Guidance: Full year revenue guidance: $5 Bln