SiriusXM expects to grow its self-pay subscriber base in the current second quarter despite headwinds from the novel coronavirus pandemic, CEO Jim Meyer said on Thursday during the audio entertainment giant's virtual annual shareholder meeting.
He said he expects self-pay subscriber additions for the quarter to be "positive," while analysts have recently estimated self-pay subscriber losses of around 200,000 for the period.
B. Riley FBR analyst Zack Silver in a Thursday report, which was published before the meeting, forecast SiriusXM would lose 148,000 self-pay subscribers in the second quarters and 458,000 paid promotional subscribers.