Broadcasting Radio Stocks: Sirius XM Holdings Inc. (NASDAQ:SIRI), Pandora Media Inc (NYSE:P), Cumulus Media Inc. (NASDAQ:CMLS), Townsquare Media (NYSE:TSQ), Saga Communications (NYSEMKT:SGA)

SiriusXM Holdings Inc. (NASDAQ:SIRI) announced that it will offer subscribers a chance to win two tickets to see Pope Francis celebrate mass at Madison Square Garden during his first visit to the United States in September. Pope Francis will visit Washington DC, New York and Philadelphia from September 22-27. Sirius XM Holdings Inc. (NASDAQ:SIRI) belongs to Services sector. Its net profit margin is 11.20% and weekly performance is -0.76%. On last trading day company shares ended up $3.92. Sirius XM Holdings Inc. (NASDAQ:SIRI) distance from 50-day simple moving average (SMA50) is 2.24%.

Pandora Media Inc (NYSE:P)’s Mr. Paschel will engage in a fireside chat at the Pacific Crest Global Technology Leadership Forum on Monday, August 10, 2015 at 11:30 a.m. MT / 1:30 p.m. ET in Vail, CO. Pandora Media Inc (NYSE:P) shares increased 0.17% in last trading session and ended the day at $17.81. P Gross Margin is 46.10% and its return on assets is -7.30%. Pandora Media Inc (NYSE:P) quarterly performance is -1.00%.

On 30 July, Cumulus Media Inc. (NASDAQ:CMLS) reported second-quarter net income of $12.3 million. On a per-share basis, the Atlanta-based company said it had profit of 5 cents. The radio station owner posted revenue of $299.3 million in the period. On 05 August, Cumulus Media Inc. (NASDAQ:CMLS) shares fell -4.38% and was closed at $1.53. CMLS EPS growth in last 5 year was 15.10%. Cumulus Media Inc. (NASDAQ:CMLS) year to date (YTD) performance is -63.83%.

Townsquare Media, Inc. (NYSE:TSQ) Net revenue for the quarter ended June 30, 2015 increased $11.2 million, or 10.6%, to $117.5 million, compared to $106.3 million in the same period last year. Local Advertising net revenue increased $0.5 million, or 0.6%, to $78.5 million, Live Events net revenue increased $10.0 million, or 50.4%, to $29.7 million and Other Media and Entertainment net revenue increased $0.8 million, or 9.5%, to $9.3 million. Townsquare Media, Inc. (NYSE:TSQ) ended the last trading day at $13.05. Company weekly volatility is calculated as 2.26% and price to cash ratio as 5.94. Townsquare Media, Inc. (NYSE:TSQ) showed a weekly performance of 0.54%.

Saga Communications, Inc. (NYSE MKT: SGA) reported net revenue increased 1.6% to $34.4 million for the quarter ended June 30, 2015. Free cash flow decreased $281 thousand to $5.7 million. Station operating expense increased $812 thousand to $24.3 million (station operating expense includes depreciation and amortization attributable to the stations). Operating income was $7.5 million. Net income for the period was $4.5 million ($0.77 per fully diluted share). Saga Communications, Inc. (NYSEMKT:SGA) shares fell -1.11% in last trading session and ended the day at $39.11. SGA Gross Margin is 26.50% and its return on assets is 8.40%. Saga Communications, Inc. (NYSEMKT:SGA) quarterly performance is -4.33%.

Leave a Reply

Your email address will not be published. Required fields are marked *