Next time I have to be more careful about pacific time!
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Next time I have to be more careful about pacific time!
shakeout continues.......
looks like sell the news...crap
Sirius XM Radio Expects to Meet Or Exceed All 2012 Financial..*SIRI*......
Me thinks they are low balling 2013 subs....ok I guess
Market didn't llike the 2013 net subscriber projection initially as they don't understand the GM deal that takes effect in the 4th 1/4 of 2013, but we do and this lower subscriber guidance was anticipated. Buying opportunity!!!
Edit----If Frear explains the new GM deal to investors at the conference and how it really increases profitability to the bottom line over the old deal, then we'll see a more postive stock price reaction IMHO.
Whole lotta positive shit coming across E-Trade newswire! Sirius XM Radio Sees 2013 Adj EBITDA $1.1B>SIRI SIRI
Peeps selling tho...little profit taking
11:05a Sirius XM Radio Sees 2013 Total Net Subsrciber Additions of About 1.4M>SIRI (Dow Jones)
11:04a Sirius XM Radio Sees 2013 Self-Pay Subsrciber Additions of About 1.6M>SIRI (Dow Jones)
11:01a SiriusXM Adds 2M Net Subscribers in 2012; Sees FY13 Sales Over $3.7B, Adj. EBITDA Over $1.1B (Benzinga)
11:01a Sirius XM Radio Sees 2013 Adj EBITDA $1.1B>SIRI (Dow Jones)
11:01a Sirius XM Radio Sees 2013 Free Cash Flow Near $900M>SIRI (Dow Jones)
11:01a Sirius XM Radio Sees 2013 Rev $3.7B >SIRI (Dow Jones)
11:00a SiriusXM Adds 2 Million Net Subscribers In 2012; Issues 2013 Guidance (PR NewsWire)
11:00a SiriusXM Adds 2 M Net Subscribers In 2012; Issues 2013 Guidance (Dow Jones)
11:00a Sirius XM Radio Expects to Meet Or Exceed All 2012 Financial Guidance
NEW YORK, Jan. 9, 2013 /PRNewswire/ -- Sirius XM Radio (NASDAQ: SIRI) today announced that it ended the year with 23.9 million subscribers, reporting 2 million net subscriber additions in 2012. The company also announced that it expects to meet or exceed all of its 2012 financial guidance.
(Logo: http://photos.prnewswire.com/prnh/20101014/NY82093LOGO )
SiriusXM also issued new subscriber and financial guidance for 2013:
Revenue of over $3.7 billion,
Adjusted EBITDA of over $1.1 billion,
Free cash flow approaching $900 million,
Self-pay net subscriber additions of approximately 1.6 million, and
Total net subscriber additions of approximately 1.4 million.
phenomenal numbers in my opinion. I bet the lower subscribers due to the GM deal is the only "issue "
LOL quick sell the news followed by a buy the news pop
:thumbup:
Wow, great numbers, no pop? May see some dwindles for a while until the CC.
weird up and down action today...can't seem to make up it's mind
(Reuters) - Satellite radio company Sirius XM Radio said it estimated 2013 revenue to be more than $3.7 billion.
Analysts were expecting $3.82 billion, according to Thomson Reuters I/B/E/S.
It also expects to add a net 1.4 million subscribers during the year. The company said it added 2 million subscribers in 2012, taking the total to 23.9 million.
I like the sound of this
LOL ;) :juggle:
Quote:
Originally Posted by blackops
Can it hold up for 20 minutes? Is there anything left for Frear to say?
Volume sure tapered off
I see people holding on for fear of missing out on the expected pop from Frear's words. It did not happen. So they will Take profits and get back in later. I just sold about half of my holdings. For now. Maybe more later today, watching closely.