Sirius XM Holdings Inc. (SIRI) announced earnings for its fourth quarter that increased from the same period last year and beat the

NEW YORK (AP) — NEW YORK (AP) — Sirius XM Holdings Inc. (SIRI) on Thursday reported fourth-quarter profit of $287 million. On a per-share basis, the New York-based company said it had net income of 83 cents.

Sirius XM's profit rose in the fourth quarter as the media company shrunk its operating expenses and added new self-pay subscribers. The N.Y.-based satellite radio and audio-streaming company posted net income of $287 million,