SiriusXM Canada credits its “unmatched listening experience” for Q3 subscriber growth

TORONTO – Ongoing subscriber growth at SiriusXM Canada helped to buoy third quarter revenues and profits.For the period ended May 31, 2016, revenue increased 3.5% to $86.02 million, reflecting growth in its self-paying subscriber base partly offset by a decrease in Self-Pay ARPU, which dipped 1.2% to $12.71.Net income and comprehensive income of $7.22 million was down 9.3% from $7.96 million year-over-year, mainly due to higher operating expenses and depreciation and amortization, partly offset by revenue improvements.Adjusted EBITDA for the quarter grew 3% to $20.8 million from $20.2 million in Q3 FY2015. The improvement was primarily due to revenue growth,...