On Nov. 8, Sirius Satellite Radio
- The number of subscribers grew 9.4% sequentially and 135% over last year's quarter. As a result, sales grew 150% for the quarter.
- The company achieved some benefits of scale as the gross margin increased, but it wasn't enough to get operating income into the black.
- In Motley Fool CAPS, 993 out of 1276 investors give Sirius an outperform rating. If you have an opinion, bring it to CAPS!
(Figures in thousands, except per-share data)
Income Statement Highlights
|
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$167,113 |
$66,831 |
150.1% |
|
Net Profit |
($162,898) |
($180,450) |
N/A |
|
EPS |
($0.12) |
($0.14) |
N/A |
|
Diluted Shares |
1,405,281 |
1,328,458 |
5.8% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q3 2006 |
Q3 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
35.2% |
29.5% |
5.7 |
|
Operating Margin |
(92.3%) |
(249.8%) |
157.5 |
|
Net Margin |
(97.5%) |
(270.0%) |
172.5 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$352,301.0 |
$934,383.0 |
(62.3%) |
|
Liabilities |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Long-Term Debt |
$1,083,929.0 |
$1,096,789.0 |
(1.2%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
YTD 2006 |
YTD 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
($185,768) |
($76,323) |
N/A |
|
Capital Expenditures |
$66,588 |
$7,086 |
839.7% |
|
Free Cash Flow |
($252,356) |
($83,409) |
N/A |
Find out why Fools always follow the money.
Related Companies:
-
XM Satellite Radio
(NASDAQ:XMSR) -
Clear Channel Communications
(NYSE:CCU) -
Cox Radio
(NYSE:CXR)
Related Foolishness:
XM Satellite Radio is a Motley Fool Rule Breakers selection. For more swashbuckling stock picks poised for explosive growth, take a 30-day free trial of the newsletter.
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.
