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BusinessThe Hollywood Reporter

SiriusXM Q3 Revenue Edges Down, Subscriber Count Holds Steady at 33 Million

By Etan Vlessing

The satellite cable company saw its net income rise 7 percent to $317 million, or 94 cents a share for the third quarter.

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Revenue

The total money a company earns from selling goods or services before any costs are subtracted.

Revenue growth shows demand for a company's products; profit shows whether it earns money from them.

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Satellite

An object that orbits a planet; usually a spacecraft used for communication, navigation, weather or observation.

Satellites underpin GPS, weather forecasts, broadcasting and climate monitoring.

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