Page 1

October 28 , 2021 SiriusXM SiriusXM Reports Third Quarter 2021 Results - Third Quarter Revenue of $ 2.20 Billion ; an Increase of 9 % From Prior Year Period - - Third Quarter Net Income of $ 343 Million ; Diluted EPS of $ 0.08 Record Quarterly Adjusted EBITDA of $ 719 Million , Up 9 % From Prior Year Period - SiriusXM Self - Pay Net Subscriber Additions of 616,000 in Third Quarter and 1.1 Million Year to Date - Company Increases 2021 Subscriber and Financial Guidance - SiriusXM Recently Increased Quarterly Cash Dividend by 50 % NEW YORK , Oct. 28 , 2021 / PRNewswire / -- SiriusXM today announced third quarter 2021 operating and financial results , including revenue of $ 2.20 billion in the quarter , an increase of 9 % compared to the prior year period . The company recorded net income of $ 343 million in the third quarter of 2021 , compared to $ 272 million in the prior year period . Net income per diluted common share was $ 0.08 in the third quarter 2021 , compared to $ 0.06 in the prior year period . ( ( ( Siriusxm ) ) ) Adjusted EBITDA in the third quarter was $ 719 million , up 9 % from $ 661 million in the prior year period . " By adding a record 616,000 net new SiriusXM self - pay subscribers in the third quarter , we attained our prior full - year guidance of approximately 1.1 million net additions in just nine months . We are increasing all of our financial guidance for 2021 and expect to add more than 1.1 million net new self - pay SiriusXM subscribers this year , making 2021 our best for self - pay subscriber growth since 2018. During the quarter , we saw continued low monthly churn and outstanding ARPU performance in the SiriusXM business , and we are also making important progress driving advertising growth at Pandora , " said Jennifer Witz , Chief Executive Officer of SiriusXM . " We continue leaning into new investments in unique content , improved digital experiences