As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the wireless, cable and satellite industry, including WideOpenWest (NYSE:WOW) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how wireless, cable and satellite stocks fared in Q3, starting with Sirius XM (NASDAQ:SIRI).
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Sirius XM’s third quarter results reflected steady operational execution and expanding digital initiatives, leading to a significant positive response from the market. Management highlighted progress in subscriber experience improvements, cost-saving measures, and a growing ad-supported business, despite flat year-on-year revenue and a continued decline in subscribers. CEO Jennifer Witz pointed to “solid momentum in our new SiriusXM acquisition initiatives,” with early signs of success from targeted pricing and packaging changes, and a robust pipeline of exclusive content driving engagement and retention.
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Telecommunications and cable services provider Altice USA (NYSE:ATUS)
will be announcing earnings results this Thursday before market open. Here’s what to expect.
Shares of satellite radio and media company Sirius XM (NASDAQ:SIRI)
fell 5.9% in the afternoon session after investors appeared to take profits as the company's stock rallied the previous day on a mixed third-quarter earnings report.
Satellite radio and media company Sirius XM (NASDAQ:SIRI) reported Q3 CY2025 results beating Wall Street’s revenue expectations, but sales were flat year on year at $2.16 billion. Its non-GAAP profit of $0.84 per share was 8.9% above analysts’ consensus estimates.
Shares of satellite radio and media company Sirius XM (NASDAQ:SIRI)
jumped 10.1% in the morning session after the company reported third-quarter results that surpassed analyst expectations for both revenue and profit. The satellite radio company reported a GAAP profit of $0.84 per share, a significant turnaround from a loss in the same period last year and 7.9% above consensus estimates. Revenue for the quarter was flat year-on-year at $2.16 billion but still beat forecasts. Despite a year-on-year decline of 574,000 total subscribers, investors appeared to focus on the improved profitability. A key highlight was the company's free cash flow of $257 million, with the free cash flow margin expanding to 11.9% from just 1.1% in the prior year's quarter.
Satellite radio and media company Sirius XM (NASDAQ:SIRI) reported Q3 CY2025 results topping the market’s revenue expectations, but sales were flat year on year at $2.16 billion. Its GAAP profit of $0.84 per share was 7.9% above analysts’ consensus estimates.
Satellite radio and media company Sirius XM (NASDAQ:SIRI)
will be reporting results this Thursday before market open. Here’s what investors should know.
