Sirius XM (NASDAQ: SIRI) stock surged in early Wednesday trade after it revealed the Q2 2024 financial results reporting date.
Sirius XM has announced that it will release its second quarter 2024 operating and financial results on Thursday, August 1. The company will host an investor call at 8:00 a.m. ET on the same day.
Sirius XM shared last week that Joseph A. Verbrugge, the Chief Commercial Officer, has postponed his retirement to facilitate a smooth transition of his responsibilities. Originally scheduled to retire on June 27, 2024, Verbrugge has agreed to extend his full-time role until July 31, 2024, with the potential for an earlier departure based on the company’s discretion.
Following the full-time term, Verbrugge will transition to a part-time advisory position, advising the Chief Executive Officer until the end of 2024. This transition plan will ensure continuity and support within the executive team during the handover process.
Sirius XM (NASDAQ: SIRI) Stock Reaction
As of 10:23 a.m. (Eastern Time) Wednesday, SIRI stock traded at $3.40, marking a 9.83% increase compared to the previous trading session.
