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SiriusXM Downplays Tariff Pressures – “Big Picture, We Sleep Well At Night” Says CFO
SiriusXM executives downplayed tariff-related pressure on its business as the streamer reported first quarter earnings and a 33% in podcast revenue.
Barry noted an ad softening in travel, auto and retail, which can be early indictors of consumer pullback, but said that was partly offset by strength in the pharmaceutical and telco categories. Kicking off the call this morning, Wirtz emphasized a price hike in early March that had little impact on churn and new programming and said the company it is “confidently reiterating” full-year guidance. “We entered 2025 focused on what we do best: delivering standout experiences to our core subscribers, curating compelling content, strengthening our advertising business, and enhancing the value of our service,” said Wirtz.
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