SIRIUS Satellite Radio Third Quarter 2006 Subscriber Additions
Wednesday, October 4, 2006 at 8:40 AM
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SIRIUS Satellite Radio has added 441,101 new net subscribers during the third quarter of 2006 for a total of 5,119,308 subscribers. This is
slightly below in line with analyst estimates of ~440,000 new net additions.
During the same period last year, SIRIUS had 2,173,920 subscribers, representing a 135% increase in total subscribers year and a23% increase over year-ago third quarter net subscriber additions.
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Comments
Whose estimates did Sirius not beat? SSG has posted that Sirius has exceeded the "consensus" street estimates.
http://satellitestandard.blogspot.com/
If Sirius didn't hit someone's estimate, please post which one they didn't hit.
Posted by: rjr | October 4, 2006 8:58 AM
ryan,
consensus was for 418K
Posted by: gary | October 4, 2006 9:07 AM
It'll be interesting to see if they can hit 6 million by Jan.
Posted by: Schimshamity ? | October 4, 2006 9:19 AM
SSG has 440k listed from yesterday:
http://satellitestandard.blogspot.com/2006/10/rbc-capital-cuts-siri-target-from-6-to.html
Not really a big deal either way, it's a damn good Q3.
Posted by: Ryan Saghir ? | October 4, 2006 9:39 AM
interesting to see 4th now--HUGE Q to get to 6.3
Posted by: gary | October 4, 2006 9:46 AM
2nd quarter sirius picked up 202,460 more subs than xm . this quarter sirius picked up 156,101 more subs than xm . at this rate of growth it will take 13+ quarters to tie xm (that over 3 years) . in that amount of time xm should have enough subs to be profitable .
Posted by: bloody cape | October 4, 2006 9:52 AM
"interesting to see 4th now--HUGE Q to get to 6.3"
I'm not so sure. How many car "subscribers" get produced in the 4th quarter? ;)
Posted by: History Guy ? | October 4, 2006 10:48 AM
The difference between XM's & SIRI's numbers is largely closed when you adjust for (a) XM discontinuing the practice of counting rental vehicles, and (b) the churn on the difference in the overall size of the two subscriber bases (essentially, churn on around 2M subscribers for 3 months). Take away the increase in Sirius Parking Lot Subscribers and you've more than accounted for the difference.
The numbers are pathetic for both companies. Sirius adding 1.2M in Q4 seems like a pipe dream.
Posted by: StackPointer ? | October 4, 2006 10:55 AM
65%/35%.
441k vs 285k
am i seeing this right. was it that bad for XM.
Ouchy
Posted by: PNess ? | October 4, 2006 12:00 PM
Interesting that Sirius's stock nosedived this morning on the announcement to it's usual under $4 price while XM's stayed solidly 3x that of Sirius.
Posted by: P | October 4, 2006 12:37 PM
"Interesting that Sirius's stock nosedived this morning on the announcement to it's usual under $4 price while XM's stayed solidly 3x that of Sirius. "
YOU SIR ARE NOW CROWNED ASS HAT OF ALL ORBITCAST
you know price means nothing right, no of course not stupid..
Market cap
Siri= 5.51B
XM= 3.20B
Wait whats that Siri is worth 70% more then XM. LOL..stupid.
Lets see todays performance shall we stupid:
XM - Change: Down 0.65 -5.17%
Siri- change 0.15 -3.69%
so XM is having 50% worse of a day then SIRI...
get it yet, of course you don't cause you are stupid.
GG
Posted by: PNess ? | October 4, 2006 2:35 PM
"Interesting that Sirius's stock nosedived this morning on the announcement to it's usual under $4 price while XM's stayed solidly 3x that of Sirius. "
YOU SIR ARE NOW CROWNED ASS HAT OF ALL ORBITCAST
you know price means nothing right, no of course not stupid..
Market cap
Siri= 5.51B
XM= 3.20B
Wait whats that Siri is worth 70% more then XM. LOL..stupid.
Lets see todays performance shall we stupid:
XM - Change: Down 0.65 -5.17%
Siri- change 0.15 -3.69%
so XM is having 50% worse of a day then SIRI...
get it yet, of course you don't cause you are stupid.
GG
Posted by: PNess ? | October 4, 2006 2:36 PM
damn server error
Posted by: PNess ? | October 4, 2006 2:38 PM
Ass Hat of all Orbitcast?
You gonna mail him your crown?
Shares outstanding:
SIRI: 1,405,115,000
XMSR: 268,193,700
Its hard to say which company is in worse shape at this point. But simple prices arent the way to do so.
Posted by: MarkS ? | October 4, 2006 2:57 PM
MarkS not sure what shares outstanding have to do with it, just means one has diluted his shares more then the other....but even after that siri is still worth 70% more.
i would say significant decline in growth at XM vs significant growth at Siri puts XM in a serious bad place..
Posted by: PNess ? | October 4, 2006 3:13 PM
My fat fingers cant do math.
Still the Sirius operating losses are higher than XM if I recall correctly.
Posted by: MarkS ? | October 4, 2006 3:29 PM
...and?
we were talking about companies stock and worth.
regardless of loss or earnings...siri is valued more.
right or wrong...lol
Posted by: PNess | October 4, 2006 3:36 PM
Lets not forget that the parking lots at dealer tend to decrease during the 3rd quarter due to new model year coming at the end of quarter. So your crying about parking lot totals does (never has really) is ridiculouse especially for the 3rd quarter.
Posted by: Another Thought | October 4, 2006 6:28 PM
Pness, you can spin the numbers anyway you want. You do seem to get extremely upset and vulgar when anything negative w/Sirius is pointed out. But you are right when you say Sirius shares are ridiculously diluted. You're the same know-it-all that thinks Oprah has no fans.
Posted by: P | October 5, 2006 9:07 AM
What will it take??? You people, just as did "terristrial radio" refuse to acknowledge the "Stern affect". To me,you have virtually NO credibility. Just as the "main stream media" has chosen, you too will fall in his wake. It is ALL about being entertained. You just DON'T get it.
Posted by: Fred | October 5, 2006 7:17 PM