Sirius: Lazard Capital Raises 2010 Estimates

Source:http://blogs.barrons.com/techtraderdaily/2010/05/21/sirius-lazard-capital-raises-2010-estimates/

Among the revisions, the satellite radio operator raised its 2010 net subscriber growth estimate by 250,000 to 750,000.

Today Crockett raised his 2010 subscriber growth figure to 754,000 from 613,000. He also now forecasts pro forma revenue of $2.76 billion, pro forma adjusted Ebitda of $598 million and free cash flow of $107 million, up from $2.73 billion, $597 million and $22 million, respectively.