Originally Posted by
Brad
Hey folks,
Anyone know how much seasonality there is to Sirius? Are the third and forth quarters typically stronger than the first and second? The economy is definitely a factor this year, so seasonality may have nothing to do with it, but I'm trying to get a better idea as to EBITA for the year.
They're at $242 million year to date, with $132 in the second quarter. So even matching the second quarter for the next two puts Sirius at $504 million in EBITA. With Cash for Clunkers, general auto turnaround, waning recession, and new products, could $600 million be realistic? One thing to consider is SAC going up as sales go up, so that will eat into the EBITA.
What are your thoughts? Thanks in advance...