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Stock impact report

SiriusXM Reports Decline in Paid Subscribers Despite Revenue Growth, Leading Stock to Fall 7% [Yahoo! Finance]

Berkshire Hathaway Inc. New (BRK.B) 
Last berkshire hathaway inc. new earnings: 11/2 07:00 am Check Earnings Report
US:NYSE Investor Relations: berkshirehathaway.com
Company Research Source: Yahoo! Finance
The company reported that first-quarter revenue inched 0.8% higher to $2.16 billion — analysts polled by the London Stock Exchange were expecting $2.13 billion — thanks mainly to a 7% uptick in ad sales revenue. More from Billboard SiriusXM Cuts 3% of Workforce to Invest in Content, New Technologies How to Stream Bruce Springsteen's Tour Online to Hear 'Dancing In the Dark,' 'Hungry Heart' & More From Home Starz Is Offering a Rare 50% Off Your First Month: Here's How to Score the Deal Ad revenue totaled $402 million in the quarter, enough to offset a 1% decline in subscription revenue, which came in at $1.68 billion and contributes nearly 80% of the company's overall earnings. A 1.4% decline in self-pay subscribers to 31.58 million customers in the quarter contributed to “slightly higher churn” as an increase in sales of vehicles with existing subscriptions led to those subscribers shifting into unpaid trials, SiriusXM CFO Tom Barry said on a call with analysts. Executi Show less Read more
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