On Feb. 27, Sirius Satellite Radio
- You can read the full analysis on Sirius here.
- Subscriber acquisition costs decreased, thanks to lower commissions and decreased aftermarket hardware subsidies that resulted in expanded margins.
- The company achieved positive free cash flow for the quarter for the first time in its history.
- On Feb. 19, 2007, Sirius announced an agreement to merge with XM Satellite Radio
(NASDAQ:XMSR) . Make your opinion on the merger known in our Motley Fool CAPS database. - For 2007, the company forecasts revenue close to $1 billion and expects its subscriber base to cross 8 million.
(Figures in millions, except per-share data)
Income Statement Highlights
Q1 2007 |
Q1 2006 |
Change |
|
---|---|---|---|
Sales |
$193.4 |
$80.0 |
141.7% |
Net Profit |
($245.6) |
($311.4) |
N/A |
EPS |
($0.17) |
($0.23) |
N/A |
Diluted Shares |
1,413.9 |
1,335.7 |
5.9% |
Get back to basics with a look at the income statement.
Margin Checkup
Q1 2007 |
Q1 2006 |
Change* |
|
---|---|---|---|
Gross Margin |
26.0% |
6.3% |
19.6 |
Operating Margin |
(122.5%) |
(371.7%) |
249.2 |
Net Margin |
(127.0%) |
(389.2%) |
262.2 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q1 2007 |
Q1 2006 |
Change |
---|---|---|---|
Cash + ST Invest. |
$408.9 |
$879.3 |
(53.5%) |
Liabilities |
Q1 2007 |
Q1 2006 |
Change |
---|---|---|---|
Long-Term Debt |
$1,068.2 |
$1,084.4 |
(1.5%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
Q4 2007 |
Q4 2006 |
Change |
|
---|---|---|---|
Cash From Ops. |
$34.9 |
($12.2) |
N/A |
Capital Expenditures |
$5.5 |
$31.9 |
(82.9%) |
Free Cash Flow |
$29.4 |
($44.1) |
N/A |
Find out why Fools always follow the money.
Related Foolishness:
- Sirius Takes a Bow
- A Better Ending for Sirius and XM
- Fool on the Street: XM Is on the Air
- The Worst Stock for 2007: Sirius Satellite Radio
XM is a former Motley Fool Rule Breakers selection. To see why the newsletter decided to sell, take a free 30-day trial to the service today.
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.