Sirius XM Radio Inc To Meet Or Exceed FY 2012 Guidance; Issues FY 2013 Guidance In Line With Analysts' Estimates

Sirius XM Radio Inc announced that for fiscal 2012, it expects to meet or exceed all of its 2012 financial guidance. For fiscal 2013, it expects revenue of over $3.7 billion, Adjusted EBITDA of over $1.1 billion. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $3.4 billion and EBITDA of $952 million for fiscal 2012; revenues of $3.8 billion and EBITDA of $1.2 billion for fiscal 2013.