{"schema_version":"secwatch.filing_event.v1","accession":"0000908937-24-000005","form_type":"8-K","ticker":"SIRI","cik":"0000908937","company_name":"SIRIUS XM HOLDINGS INC.","filed_at":"2024-02-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.242475+00:00","generated_at":"2026-06-06T12:30:53.122588+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"SiriusXM Q4/FY2023: Revenue flat; 2024 guidance targets $8.75B revenue","bullets":["Q4 revenue $2.29B (flat YoY); net income $352M ($0.09 diluted EPS); adjusted EBITDA $715M (-4% YoY).","Full-year 2023: revenue $8.95B (-1% YoY); net income $1.26B; adjusted EBITDA $2.79B (-2% YoY); free cash flow $1.20B (-22% YoY).","SiriusXM self-pay subscribers down 445k in 2023 to 31.9M; total subscribers 34M (-1% YoY).","2024 guidance: revenue ~$8.75B, adjusted EBITDA ~$2.70B, free cash flow ~$1.20B, excluding Liberty Media transaction.","Company targeting $200M additional cost savings in 2024; expects Liberty Media deal to close in Q3 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000908937-24-000005","json":"https://secwatch.observer/filing/0000908937-24-000005.json","markdown":"https://secwatch.observer/filing/0000908937-24-000005.md","text":"https://secwatch.observer/filing/0000908937-24-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/908937/000090893724000005/0000908937-24-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/908937/000090893724000005/siri-20240201.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T12:30:53.122588+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f1f8f083164c38f6d4084ff2ddcb61f52924e718","claim":"SIRIUS XM HOLDINGS INC. reported three months and year ended December 31, 2023 results: revenue $2.29 billion and $8.95 billion, net income $352 million and $1.26 billion, EPS $0.09 and $0.32. Guidance initiated.","evidence_excerpt":"SiriusXM today announced fourth quarter and full-year 2023 operating and financial results, including revenue of $2.29 billion and $8.95 billion, respectively, which remained relatively flat compared to the same periods in 2022. The company recorded net income of $352 million and $1.26 billion in the fourth quarter and full-year 2023, respectively, compared to $365 million and $1.21 billion in the prior year, respectively. Net income per diluted common share was $0.09 and $0.32 in the fourth quarter and full-year 2023, respectively.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/908937/000090893724000005/0000908937-24-000005-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months and year ended December 31, 2023"},{"label":"Revenue","value":"$2.29 billion and $8.95 billion"},{"label":"Net income","value":"$352 million and $1.26 billion"},{"label":"EPS","value":"$0.09 and $0.32"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}