SiriusXM updates FCF outlook to reflect impact of Liberty Media deal

seekingalpha09-10

Sirius XM Holdings (NASDAQ:SIRI) on Tuesday kicked off a new chapter as an independent public company with a simplified capital structure and strategy following the closing of its transaction with ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2466398064?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-10 19:28","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2466398064","market":"nz","top_or_hot":-1,"title":"SiriusXM updates FCF outlook to reflect impact of Liberty Media deal","media":"seekingalpha","content":"<div>\n<p>Sirius XM Holdings (NASDAQ:SIRI) on Tuesday kicked off a new chapter as an independent public company with a simplified capital structure and strategy following the closing of its transaction with ...</p>\n\n<a href=\"https://seekingalpha.com/news/4148282-siriusxm-updates-fcf-outlook-to-reflect-impact-of-liberty-media-deal\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SiriusXM updates FCF outlook to reflect impact of Liberty Media deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSiriusXM updates FCF outlook to reflect impact of Liberty Media deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-10 19:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4148282-siriusxm-updates-fcf-outlook-to-reflect-impact-of-liberty-media-deal><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sirius XM Holdings (NASDAQ:SIRI) on Tuesday kicked off a new chapter as an independent public company with a simplified capital structure and strategy following the closing of its transaction with ...</p>\n\n<a href=\"https://seekingalpha.com/news/4148282-siriusxm-updates-fcf-outlook-to-reflect-impact-of-liberty-media-deal\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4211","symbol_name":"区域性银行","start_time":0,"source_url":"https://seekingalpha.com/news/4148282-siriusxm-updates-fcf-outlook-to-reflect-impact-of-liberty-media-deal","article_id":"2466398064","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2466398064","pubTimestamp":1725967734,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Sirius XM Holdings  on Tuesday kicked off a new chapter as an independent public company with a simplified capital structure and strategy following the closing of its transaction with Liberty Media . The company expects total revenue of approximately $8.75 billion, adjusted EBITDA of approximately $2.7 billion, and free cash flow of approximately $1.0 billion for full-year 2024.  The company's  $200 million change to its free cash flow guidance reflects approximately $70 million associated with closing costs, and go-forward incremental interest and approximately $130 million associated with historical, year-to-date cash outflows at Liberty Sirius XM Holdings Inc. SiriusXM  plans to continue its recurring dividend, which adjusted for the 1 for 10 change in the Liberty Media transaction exchange ratio would be approximately 27 cents per quarter. Upon completion of the Liberty Media transaction, the Board of SiriusXM authorized a $1.166 billion common stock repurchase program. Sirius XM H","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4211":"区域性银行",".IXIC":"NASDAQ Composite","QLD":"纳指两倍做多ETF","TQQQ":"纳指三倍做多ETF","BK4100":"有线和卫星","LMACA":"Liberty Media Acquisition Corp","PSQ":"纳指反向ETF","LSXMA":"Liberty Media Corporation Series A","BK4559":"巴菲特持仓","QID":"纳指两倍做空ETF","FCF":"第一联邦金融","SIRI":"Sirius XM Holdings Inc.","SQQQ":"纳指三倍做空ETF"},"translate_title":"SiriusXM更新FCF展望以反映Liberty Media交易的影响","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FCF":1,"LMACA":1,"LSXMA":1,"SIRI":1,".IXIC":0.83,"MNQmain":0.6,"NQmain":0.6,"PSQ":0.6,"QID":0.6,"QLD":0.6,"SQQQ":0.6,"TQQQ":0.6},"content_text":"Sirius XM Holdings (NASDAQ:SIRI) on Tuesday kicked off a new chapter as an independent public company with a simplified capital structure and strategy following the closing of its transaction with Liberty Media (NASDAQ:LSXMA). The company expects total revenue of approximately $8.75 billion, adjusted EBITDA of approximately $2.7 billion, and free cash flow of approximately $1.0 billion for full-year 2024.  The company's (SIRI) $200 million change to its free cash flow guidance reflects approximately $70 million associated with closing costs, and go-forward incremental interest and approximately $130 million associated with historical, year-to-date cash outflows at Liberty Sirius XM Holdings Inc. SiriusXM (SIRI) plans to continue its recurring dividend, which adjusted for the 1 for 10 change in the Liberty Media transaction exchange ratio would be approximately 27 cents per quarter. Upon completion of the Liberty Media transaction, the Board of SiriusXM authorized a $1.166 billion common stock repurchase program. Sirius XM Holdings Inc. common stock begins trading on Nasdaq under the ticker symbol \"SIRI\" on September 10, 2024. Source: Press Release","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2466398064"}