Summary

SiriusXM added 22,000 paid subscribers in the second quarter to reach 33 million total subscribers, with monthly churn improving to 1.4 percent, marking the lowest level in the company’s history. Still, shares were down 13 percent in pre-market trading as the company reported revenue of $2.16 billion, up 1 percent year over year, above expectations, and net income of $239 million, or adjusted earning per of $0.70, which slightly missed analyst expectations but was up 23 percent year-over-year.

AI summaries can be wrong sometimes—always verify important details using the source article.