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Reve-News: SiriusXM reports a record $9.0 billion in 2022 revenue, an increase of 4% over 2021. Net revenue was approximately $1.21b, or $0.31 per diluted common share. Q4 revenue was flat at $2.28b compared to prior year. Self-pay subscribers among the SiriusXM segment reached a record high 32.4 million, with 348,000 added in 2022. In the Pandora segment, self-pay subscribers to the Plus and Premium services decreased by 2% to end the year with 6.2m, while total ad-supported listener hours decreased from 11.5b in 2021 to 10.9b in 2022. "2022 was a strong year for SiriusXM, as we continued to focus on bringing consumers the best in audio entertainment both in-car and on the go, reaching record high revenue and record low churn,” says CEO Jennifer Witz. See the full financial disclosure report here.

 

 

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