SIRIUS Cash Flow (SIRI)

Posted in pre-market 
January 20th, 2010

SIRIUS XM Radio (NASDAQ: SIRI) is up even more than it was last night after the satellite radio monopoly said that it generated free cash flow for all of 2009 and disclosed pro forma earnings and the highest subscriber growth since Q3-2008.  This is not massively different than what it had guided even at the end of November, but shows things held up better than some may have feared.  Shares are up 12% at $0.75 on over 2 million shares as of 8:25 AM EST.  The 52-week range is $0.05 to $0.78 and the average volume is about 22 million shares.

JON C. OGG

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