Jem Aswad Senior Music EditorSiriusXM added around 264,000 new self-pay subscribers in the second quarter of 2020, the company announced in its earnings results Thursday, bringing it to nearly 34.3 million total subscribers in the first full quarter to be affected by the coronavirus pandemic.
Its revenue was revenue of $1.9 billion, down 5% compared to the prior year period. The company’s net income was $243 million in the second quarter 2020, compared to $263 million in the prior year period.
Net income per diluted common share was $0.05 in the second quarter 2020, compared to $0.06 in the prior year period.According to the announcement, adjusted EBITDA in the second quarter totaled $615 million, roughly unchanged from $618 million in the.
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