sirius-logo-bestradio.jpgSirius Satellite radio announced operating results for Q4 and all of 2007. Their conference call was held at 8:00 AM prior to the market opening. Initial metrics and data is available in a Press Release issued prior to the call. Highlights of Sirius' performance and their call are as follows:

- 2007 Revenue increased 45% to $922 Million
- Q4 revenue increase of 29% to $249.8 Million
- Self Pay Churn was 1.6% for 2007 and 1.7% for Q4
- All-In Churn was 2.2% for 2007 and 2.3% for Q4
- Free Cash Flow Positive for second half of 2007
- Highest Ever SDARS Gross Subscriber Additions at 4.2 Million
- $75.9 Million in Positive Free Cash Flow
- NPD Share of 68% in December - 29 Consecutive months and 9 quarters of NPD superiority
- ARPU of $10.46 for 2007 and $10.05 for Q4
- SAC was $101 for 2007 and $90 for Q4
- Q4 loss was (.11) per share - ($166.2 Million)
- Loss from Operations for 2007 was ($327.4 Million)
- 2007 Free Cash Flow Loss was ($218.6 Million)
- OEM Production Penetration for Ford to go to 70% with 2009 model year.
- OEM Production Penetration for Chrysler to go to 70% for 2008 model year.
- Mercedes Production Penetration at 90%
- Ford to unveil Sirius Travel Link with 2009 model year
- 11% of subscriber base on dealer lots.
- Merger news still pending
- Board of Directors for Sirius and XM to meet to discuss merger deal extension prior to March 1.

Position - Long Sirius, XM