Reports Q4 revenue $2.19B, consensus $2.17B. “I’m proud of the progress we made in 2024 to sharpen our strategy and strengthen our financial foundation,” said Tom Barry, Chief Financial Officer. “We met our 2024 guidance targets, including adjusted EBITDA of approximately $2.73 billion with a solid margin of 31%, making strategic investments supported by disciplined cost management. In 2025, we are focused on generating $1.15 billion in free cash flow and achieving an additional $200 million in runrate savings exiting the year, enabling us to continue investing in the business and returning capital to stockholders while reducing leverage. Our focus will remain on operational efficiency and ROI-driven decisions to ensure value creation going forward.”
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SIRI:
- Sirius XM price target lowered to $25 from $28 at Deutsche Bank
- Sirius XM price target lowered to $29 from $30 at Guggenheim
- Sirius Xm Holdings (SIRI) Q4 Earnings Cheat Sheet
- Sirius XM cuts 100 positions, less than 2% of staff, Bloomberg says
- Sirius XM price target lowered to $21 from $23 at Morgan Stanley