Originally Posted by
Newman
I take it back: Your broker is correct.
According to the 2007 Annual Report released on Feb. 29, 2008, the 2007 numbers were exactly what were posted in that graph. This is for Sirius only, and include all of the merger costs and one time charges/fees, and are not the pro-forma results, which we are used to seeing posted.
One thing to look at in this is the improvement.
Q1 06 Net Loss 458.5 million, Q1 07 Net Loss 144.7 million. 68% Reduction in Losses
Q2 06 Net Loss 237.8 million, Q2 07 Net Loss 134.1 million. 43% Reduction in Losses
Q3 06 Net Loss 162.9 million, Q3 07 Net Loss 120.1 million. 25% Reduction in Losses
Q4 o6 Net Loss 245.6 million, Q4 07 Net Loss 166.2 million. 33% Reduction in Losses
While the numbers may not look great, it is still a drastic improvement over where they were. Cash flow will still be grossly positive, and you will see many more merger related synergies in the Q4 report.
As far as the date earnings will be released: It was a complete guess on the part of your broker or whoever they get their information from.