Sirius XM Raises Full-Year Guidance

Sirius XM said it now expects net subscriber additions of about 750,000 and pro forma revenue of about $2.75 billion.
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Sirius XM

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raised its full-year guidance and said it now expects net subscriber additions of about 750,000, pro forma revenue of about $2.75 billion, pro forma adjusted income from operations of $575 million and free cash flow of more than $100 million.

The company previously expected net subscriber additions of more than 500,000, pro forma revenue of more than $2.7 billion, pro forma adjusted income from operations of about $550 million and to sustain positive free cash flow.

-- Reported by Andrea Tse in New York

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