siri stock prices forecast 2012

siri stock prices forecast 2012 : For 2012, the company sees revenue up 10% to about $3.3 billion, a bit below the Street consensus at $3.37 billion. Sirius sees 20% growth in adjusted EBITDA, to $860 million, with free cash flow growth of 75% to $700 million.

For 2011, Sirius continues to expect revenue of about $3 billion, adjusted EBITDA of about $715 million and free cash flow “approaching” $400 million. The company also said that on January 1 it will increase the base price for its Sirius and XM Select services to $14.49, from $12.95, an increase of 11.9%.

Sirius notes that this is the first price increase for its basic service package since the addition of the NFL, NASCAR, Howard Stern, Martha Stewart and many college sports to its line up. For the latest updates on the stock market, visit Stock Market Today

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