Satellite-radio firm Sirius XM posted earnings and showed some signs of improvement over last year....
60.1K
Verified Solution
Question
Finance
Satelliteradio firm Sirius XM posted earnings and showed some signs of improvement over last year. The company expanded its subscriber base following recession driven subscriber losses in the past year. Revenues were up to a record $ million and losses narrowed to $ million from $ million the previous year. Investors perceived the news to be positive and pushed stock prices up by about five percent to cents a share. Analysts believe the company's growth will slow significantly in the future but for the moment is driven by the sales of new cars that come equipped with satelliteradio service. The general consensus is that Sirius will have to become more efficient and slash costs to become profitable. In the meantime, the company continues to pursue subscribers via channels liStock prices responding instantly to the release of new information illustrate which of the following concepts? a investor acumen. b profitability. c market efficiency. d none of the above.
Satelliteradio firm Sirius XM posted earnings and showed some signs of improvement over last year. The company expanded its subscriber base following recession driven subscriber losses in the past year. Revenues were up to a record $ million and losses narrowed to $ million from $ million the previous year.
Investors perceived the news to be positive and pushed stock prices up by about five percent to cents a share. Analysts believe the company's growth will slow significantly in the future but for the moment is driven by the sales of new cars that come equipped with satelliteradio service. The general consensus is that Sirius will have to become more efficient and slash costs to become profitable. In the meantime, the company continues to pursue subscribers via channels liStock prices responding instantly to the release of new information illustrate which of the following concepts?
a investor acumen.
b profitability.
c market efficiency.
d none of the above.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.