Sirius XM Holdings Inc.
Q1 2022 Earnings Call
Apr 28, 2022, 8:00 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good day, and welcome to the SiriusXM's first quarter 2020 financial and operating results conference call. Today's conference is being recorded. [Operator instructions]. At this time, I'd like to turn the call over to Hooper Stevens, senior vice president, investor relations and finance.
Mr. Stevens, please go ahead.
Hooper Stevens -- Senior Vice President, Investor Relations, and Finance
Thank you, and good morning, everyone. Welcome to SiriusXM's first quarter 2022 earnings conference call. Today, we will have prepared remarks from Jennifer Witz, our chief executive officer; and Sean Sullivan, our chief financial officer. Scott Greenstein, our president and chief content officer, will join Jennifer and Sean to take your questions.
I would like to remind everyone that certain statements made during the call might be forward-looking statements as the term is defined in the Private Securities Litigation Reform Act of 1995. These and all forward-looking statements are based upon management's current beliefs and expectations, and necessarily depend upon assumptions, data, or methods that may be incorrect or imprecise. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. For more information about those risks and uncertainties, please view SiriusXM's SEC filings and today's earnings release.
We advise listeners to not rely unduly on forward-looking statements and disclaim any intent or obligation to update them. As we begin, I would like to remind our listeners that today's call will include discussions about both actual results and adjusted results. All discussions of adjusted operating results exclude the effects of stock-based compensation. With that, I'll hand the call over to Jennifer.
Jennifer Witz -- Chief Executive Officer
Thank you for joining us today. SiriusXM reported solid first quarter growth in both subscription and advertising revenue, and healthy cash generation even after substantial investments in our business. We are reaffirming all of our subscriber and financial guidance for the year. Each day, we make progress in shaping the future of audio entertainment in North America with curated, distinct, and original content, exclusive live events, and a growing podcast business.
Audio in America is thriving, and so is SiriusXM. According to recent Edison Research, monthly online audio listeners in the U.S. grew to 73% of the 12 and up U.S. population, up from 68% a year prior.