Sirius XM Holdings Inc. reported FY21 revenue growth of 8 percent year-on-year to $8.7 billion. Sirius reported fourth-quarter FY21 revenue growth of 4 percent Y/Y to $2.28 billion above the consensus of $2.25 billion. CEO Jennifer Witz said, “2021 was an outstanding year across the board. We added more than one million net new SiriusXM self-pay subscribers for the tenth time in the past 11 years; this growth continues to be sustained by a fifth straight year of improving churn.” FY21 Segments SiriusXM segment revenue grew 4 percent Y/Y to $6.62 billion as ARPU rose 5 percent to $14.76 and self-pay subscribers improved 4 percent. The gross margin contracted 100 bps to 61 percent. Pandora segment advertising revenue increased 30 percent Y/Y to $1.54 billion, boosted by solid monetization and Stitcher acquisition. The gross margin expanded 600 bps to 36 percent. Subscriber revenue expanded 3.8 percent Y/Y to $6.6 billion. Advertising revenue …