By Relmor Demitrius
On Wednesday August 4th, Sirius XM Radio (NASDAQ:SIRI) will be announcing its 2nd quarter financial results. There conference call at 8 am eastern time will be covered live by Kingofalltrades.com. King of All Trades will provide live chat analysis of the numbers as they come out. Don’t miss the information as it comes in tomorrow morning.
Sirius XM has already announced they have added over 580,000 subscribers for the 2nd quarter of 2010. Investors and analysts will be looking closely at EBITDA, free cash flow, and operating income. A few items that may be discussed is when they will be paying of their 2011 remaining debt with cash on hand and if they will up their EBITDA guidance for the full year 2010. Analysts are expecting even to a small quarterly loss for Sirius XM in the 2nd quarter. KOAT is expecting .01 cent basic earnings and even diluted earnings. Click here for a full three part analysis of the companies upcoming 2nd quarter results. http://www.kingofalltrades.com/2010/07/26/sirius-xm-2nd-quarter-earnings-preview-part-3/
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Disclosure: Long SIRI
