southern- the longer it takes the worse for Malone, as time goes on this cash cow will move up on its own. That's ok with me. A couple quarters of growth and profits should take this baby well over 5.00 iMO
:07 pm SiriusXM exceeds 2013 net subscriber target; issues 2014 subscriber and free cash flow guidance (SIRI) :
•Co announced that it ended 2013 with 25.56 million subscribers, reporting 1.66 million net subscriber additions in the year, exceeding the company's recently raised guidance of 1.6 million net additions. Self-pay net additions in 2013 were 1.5 million for the full year, bringing self-pay subscriptions to over 21 million.
•The company also issued 2014 subscriber and free cash flow guidance and reiterated its 2014 revenue and adjusted EBITDA guidance of:
•Net subscriber additions of 1.25 million, Free cash flow approaching $1.1 billion, Revenue of over $4.0 billion, and Adjusted EBITDA of approximately $1.38 billion.
•LMCA proposed to acquire SIRI on 1/6.