Sirius XM (SIRI) and NASDAQ OMX (NDAQ) released their latest earnings reports before opening bell this morning. Sirius XM posted earnings of 3 cents per share, which was in line with the consensus estimate, on $1.17 billion in revenue, which was just slightly ahead of the consensus estimate of $1.15 billion for the third fiscal quarter. It represents an 11% year over year increase and a new record for third quarter revenue. In last year’s second quarter, the satellite radio provider posted earnings of 2 cents per share.

Nasdaq Inc. posted earnings of 88 cents per share on $529 million in revenue, compared to the analyst estimates of 86 cents per share in earnings and $526.2 million in revenue.

Sirius XM reports record 3Q revenue

Sirius XM’s adjusted EBITDA rose 17% to a new quarterly record of $447 million, compared to last year’s $381 million.

The company added that paid subscribership also set a new record for the quarter, rising 8% and closing in on 29 million in total. Sirius XM recorded 525,000 net new subscribers during the quarter, representing a 21% year over year increase. The company added 381,000 self-pay net subscribers, which was in line with last year’s third quarter growth, and saw self-pay subscribers climb 8% to another new record of 23.8 million subscribers.

Sirius XM management upped guidance for the full year as a result of the strong third quarter. They now expect to add over 1.6 million self-pay subscribers this year and a total of about 2 million total subscribers. They expect revenue to be around $4.53 billion and adjusted EBITDA to be around $1.65 billion.

As of this writing, shares of Sirius XM were up 1.79% at $3.98 per share in premarket trades.

NASDAQ OMX also posts record revenues

NASDAQ OMX’s revenue increased 6% year over year to set a new record. Organically, revenue increased 8%. GAAP earnings were 80 cents per share, compared to last year’s 71 cents per share.

The company’s Market Services division made up 38% of total net revenues or $200 million, an increase of $11 million which includes an operational increase of $22 million and an $11 million negative impact from currency exchange. NASDAQ OMX’s Equity Derivatives business made up 10% of its revenue, amounting to $51 million in revenue, while the Cash Equities segment was 13% of revenues or $67 million.

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