SiriusXM Holdings saw quarterly revenue slip 1% year-over-year to $2.16 billion, though it reversed a loss from a year ago to generate $297 million in positive net income, the company reported Thursday (Oct. 30).

That turnaround — Sirius reported a net loss of $2.96 billion in the third quarter of 2024, stemming from the Liberty Media transaction — helped push the company’s share price up by more than 10% to $23.19 at the market’s close on Thursday.

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