
Sirius XM Holdings Inc (NASDAQ:SIRI) shares are trading higher by 6.70% at $6.37 after the company reported better-than-expected first-quarter sales results and reiterated guidance.
SiriusXM reported quarterly earnings of 8 cents per share which met the analyst consensus estimate. The company also reported quarterly sales of $2.19 billion which beat the analyst consensus estimate of $2.15 billion by 2%.