Pro Forma Revenue of $613 Million, Up 16% Year Over Year
Total Subscribers of More Than 18.9 Million, Up 17% Year Over Year
Self-Pay Customer Churn Remains Unchanged at 1.7%
Pro Forma Adjusted Loss from Operations of $37 Million, Before Restructuring Costs, Improves 64% Year Over Year
SIRIUS XM Radio today announced third quarter 2008
results, including pro forma [...]
Sirius XM Radio’s Annual Shareholder Meeting is coming up on 12/18/2008.
You can View the 2008 Shareholder Material below (PDF)
Here are a few of the Questions that will be asked of the shareholders, including a request for a Reverse Stock Split.
TO APPROVE AN AMENDMENT TO OUR CERTIFICATE OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES [...]
Sirius XM Radio will Report Third Quarter 2008 Earnings on November 10, 200.
SIRIUS XM Radio today released an outline of its five-year operational and financial forecast.
The
company is in discussions with several financial institutions regarding
a financing to replace its 2-1/2% Convertible Notes due 2009. In
connection with these discussions, the company is releasing the
material elements of [...]
More bad news for Sirius XM Radio. DEI Holdings (Polk Audio) today announced that they are no longer developing devices for the Satellite Radio market. I assume this new is what caused another drop (which is happening Daily) to Sirius XM Radio’s Stock. SIRI Closed out the day at 0.260.
Directed Electronics, an operating unit of [...]
The following is being issued by “Save
Sirius”:
A group of incensed shareholders, over 500 strong and growing, have banned
together and accused SIRIUS XM management of unjustly enriching themselves at
the expense of shareholders.
A derivative suit on behalf of shareholders has been filed in the United
States District Court, Central District [...]
BusinessWeek has an interesting article discussing Sirius XM Radio’s more than $1 Billion Debt they will have next year.
Sirius XM Radio has more than $1 billion in debt coming due next year, and it
doesn’t have the money, at least not yet. Mel
Karmazin has tried to reassure investors that the company will find the
necessary funding, but [...]
Sirius XM Radio Inc is considering a reverse stock split in an effort to lift its
ever dropping share price and avoid the risk of being delisted from
the Nasdaq stock market, the satellite radio company said.
Sirius XM Radio, whose share price has dropped below 40 cents, has asked shareholders for the right to declare a reverse [...]
(5 out of 5) (5 out of 5) (5 out of 5) (5 out of 5) (5 out of 5) (5 out of 5) (5 out of 5)
(4.67 out of 5) (4.5 out of 5)
(4 out of 5)