Sirius XM Radio (Nasdaq: SIRI) is talking to financial institutions to help refinance next year's problematic debt repayments. In doing so, the company is going public with its five year projections for subscriber growth, revenue, adjusted EBITDA, and free cash flow. The big news is that over the past two months, the company has shaved 0.9 million members from its original target of having 21.5 million subscribers by the end of next year. However, seeing the combination of growing rolls, revenue, and cash flow metrics paints an encouraging picture of a stock that has been battered by negativity. Has Sirius XM bottomed?
hard to believe after bashing 2-3 times a day thet have a positive thing to say
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