https://techcrunch.com/2020/04/28/siriusxm-rises-on-q1-earnings-beat-but-warns-of-coronavirus-impacts-to-come/

SiriusXM’s first quarter 2020 earnings today painted a picture of what’s ahead for the music and entertainment service in light of the coronavirus outbreak. While the company surprised with both an earnings and revenue beat in the quarter ended March 2020, its satellite radio business also lost net subscribers due to declines in auto shipments, and the company spoke of further declines in ad sales and in customer responses to its marketing campaigns.

The company did manage to beat expectations in the quarter, reporting revenues of $1.95 billion, surpassing the Zacks Consensus Estimate by 2.63%. And it saw earnings per share of $0.07 (a profit of $293 million) beating the estimate of $0.05 per share, and up from the earnings of $0.03 per share a year ago.