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Post Earnings Review of Sirius XM Featured on MicroStockProfit.com(August 03, 2011)
DALLAS, Aug. 3, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces a stock report featuring Sirius XM Radio Inc. (Nasdaq:SIRI). The report briefly notes the company's most recent developments and news, and outlines its financial position, market performance, and comparison against industry peers.
The full report is available at: www.microstockprofit.com/lp/SIRI
Sirius XM Radio Inc. (SIRI) is a New York-based satellite radio company which broadcasts more than 135 channels of commercial-free music, and premier sports, news, talk, entertainment, traffic, weather and data services to more than 20 million subscribers in cars, trucks, boats and aircraft, and through a wide range of mobile devices. It offers an array of content from some of the biggest names in entertainment, as well as from professional sports leagues, major colleges and national news and talk providers. SIRI programming is also available at sirius.com and xmradio.com, and on Apple iPhone and iPod touch, BlackBerry and Android-powered mobile devices using the Sirius XM Premium Online App. The Company has arrangements with every major automaker and its radio products are available at retail locations nationwide, as well as shop.sirius.com and shop.xmradio.com.
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In the report, the analyst notes:
"Shares of SIRI jumped as much as 5.21% on Tuesday following the satellite radio provider's second-quarter earnings release. Investors cheered as the report showed higher profit and revenue, along with a reduction in expenses."
"Looking forward, the Company expects to add 1.6 million net subscribers this year, up from its previous estimate of 1.4 million."
To read the entire report visit: www.microstockprofit.com/lp/SIRI
See what investors are saying about SIRI at http://www.stockhideout.com
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MicroStockProfit.com is a small-cap research and investment commentary provider. MicroStockProfit.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit: http://www.microstockprofit.com
MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.
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Related Keywords: ENTERTAINMENT Inc., Apple Computer, Sports, Financial, Wall Street, Discount, Music, Internet Technology, Entertainment, Sports,