• Get involved.
    We want your input!
    Apply for Membership and join the conversations about everything related to broadcasting.

    After we receive your registration, a moderator will review it. After your registration is approved, you will be permitted to post.
    If you use a disposable or false email address, your registration will be rejected.

    After your membership is approved, please take a minute to tell us a little bit about yourself.
    https://www.radiodiscussions.com/forums/introduce-yourself.1088/

    Thanks in advance and have fun!
    RadioDiscussions Administrators

Was it Newsweek, or...(as seen on the front page of R-I)

...is it my damn fool eyes that took away three zeros? Someone explain the figures, one being 1/100th of what's quoted on the front page.

(from page 35; 37 on the .pdf)

Highlights for the Year Ended December 31, 2008 . Our revenue grew 18%, or by $378,132, in the year ended December 31, 2008. This revenue growth was driven by our 17% growth in average subscribers. This increase, combined with lower fixed costs, particularly in the fourth quarter, resulted in improved adjusted loss from operations of ($136,298) in 2008 versus ($565,452) in 2007, as increases in our variable costs were more than offset by decreases in other operating expenses. Total operating expenses, excluding restructuring, depreciation and share-based payment expense and a $27,500 one-time Merger related payment to a programming provider, decreased by 3%, or $78,522, during 2008.

http://files.shareholder.com/downloads/SIRI/430112415x0xS1193125-09-49874/908937/filing.pdf

(I arrived at this paragraph by using the find function on the doc reader)
 
softmachine said:
...is it my damn fool eyes that took away three zeros? Someone explain the figures, one being 1/100th of what's quoted on the front page.

From page 33 (PDF p.35):

"All dollar amounts referenced in this Item 7 are in thousands, unless otherwise stated."
 
MHB said:
softmachine said:
...is it my damn fool eyes that took away three zeros? Someone explain the figures, one being 1/100th of what's quoted on the front page.

From page 33 (PDF p.35):

"All dollar amounts referenced in this Item 7 are in thousands, unless otherwise stated."

OK 1 /1000th. It was early...or late.

Thanks.
 
Status
This thread has been closed due to inactivity. You can create a new thread to discuss this topic.


Back
Top Bottom