Sirius Lives! (SIRI)
Sirius XM (SIRI) reported Q2 '09 earnings essentially in-line with consensus estimates, with a subscriber loss that was not as bad as many expected, though still down from last year.
Sirius' increase in full-year guidance and less-than-expected sub loss may have accounted for the run up in the shares the past few days. (That could explain, in part, their 11% drop in pre-market trading today.)
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Saturday, August 8, 2009
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