Sirius Satellite Radio Releases Q4 and Full-Year 2006 Results

Tuesday, February 27, 2007 at 7:13 AM
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SiriusSirius Satellite Radio has released their Q4 and full-year 2006 results. Here's the highlights:

  • Sirius reported Q4 total revenue of $193.4 million, an increase of 142% YoY
  • Sirius' full-year 2006 total revenue was $637.2 million, up 163% YoY
  • ARPU was $11.01 in 2006 up from $10.34 in 2005
  • SAC was $114 for 2006, from $139 in 2005
  • Retail subscribers for the full-year were 4,041,826, an increase of 64% YoY
  • OEM subscribers for the full-year were 1,959,009, up 138% YoY
  • Sirius had a net loss of $1.1 billion for 2006
  • Adjusted net loss was $656.0 million for the full-year
  • Adjusted loss from operations for the full-year was $513.1 million
  • Free cash flow loss for the full-year was $500.7 million
  • For Q4, Sirius had a net loss of $245.6 million with adjusted net loss improved to $203.0 million and adjusted loss from operations improved to $166.8 million.
The earnings call is at 8am ET which I will be live-blogging right here.

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Comments

Looks like 17 million subs between the 2 companies by the end of the year. 8+ mil for Sirius, 9+ mil for XM.

20 million subs in in 2008 looks like an ABSOLUTE LOCK now.

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