Financial Results, Company Announcements, and Investors Conferences - Research Report on Gray, LIN Media, Pandora, SIRIUS XM, and News Corp.
NEW YORK, November 14, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Gray Television Inc. (NYSE: GTN), LIN Media LLC (NYSE: LIN), Pandora Media, Inc. (NYSE: P), SIRIUS XM Radio Inc. (NASDAQ: SIRI), and News Corp. (NASDAQ: NWSA). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Gray Television Inc. Research Report
On November 7, 2013, Gray Television Inc. (Gray) reported its financial results for Q3 2013. Gray's total revenue went down to $88.3 million for Q3 2013, down 14.2% YoY. The Company informed that the decline in revenue was primarily due to the expected decrease in political advertising revenue during the "off-year" of the two-year political advertising cycle. For Q3 2013, Gray's net income attributable to common stockholders was $7.1 million or $0.12 per diluted share, compared with $14.6 million or $0.26 per diluted share in Q3 2012. The Full Research Report on Gray Television Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/4813_GTN]
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LIN Media LLC Research Report
On November 6, 2013, LIN Media LLC (LIN Media) reported its financial results for Q3 2013. The Company's net revenues went up 22.6% to $163.1 million. Net income attributable to LIN Media was $146.9 million or $2.63 per diluted share, compared with $19.7 million or $0.36 per diluted share in Q3 2012. LIN Media's President and CEO Vincent L. Sadusky commented, "We achieved another quarter of significant growth in revenues from our digital businesses and pay TV subscriber fees and our core time sales continue to gain momentum. Looking forward, our long-term strategy and the increased demand for our innovative multiscreen advertising solutions position us well for the remainder of 2013 and the political year ahead." The Full Research Report on LIN Media LLC - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/e93e_LIN]
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Pandora Media, Inc. Research Report
On November 6, 2013, Pandora Media, Inc. (Pandora Media) reported that it will release its Q3 FY 2014 financial results on Thursday, November 21, 2013, after the market closing. Pandora Media will also hold a conference call at 2:00 p.m. PT (5:00 p.m. ET) to review the quarterly financial results with the event participants. The Company informed that interested parties can access a live audio webcast of the event via its Investor Relations website. The Full Research Report on Pandora Media, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/b421_P]
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SIRIUS XM Radio Inc. Research Report
On November 11, 2013, SIRIUS XM Radio Inc. (SIRIUS XM) reported that Joe Torre will take part at an exclusive Q&A session with an audience made up of SiriusXM listeners at the SiriusXM Studios in New York City on Monday, November 18, 2013. The Company reported that Torre is Major League Baseball's EVP of Baseball Operations, a nine-time All-Star and four-time World Series Champion manager. The event is part of SiriusXM's exclusive "Town Hall" series. Entitled "SiriusXM's Town Hall with Joe Torre," the event will air live at 2:00 p.m. ET on Mad Dog Sports Radio, SiriusXM channel 86 - to be moderated by the channel's headline host, Chris Russo. Torre commented, "Throughout my career in baseball, I've always appreciated the interaction with the fans. So I am looking forward to what will be a unique conversation with SiriusXM's listeners and Chris Russo on November 18, and I am pleased to have the opportunity to talk about my time in the game and the important work we are doing off the field with the Safe At Home Foundation." The Full Research Report on SIRIUS XM Radio Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/1575_SIRI]
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News Corp. Research Report
On November 11, 2013, News Corp. reported its financial results for Q1 FY 2014 (period ended September 30, 2013). The Company's revenues for the quarter were $2.1 billion, down 2.9% YoY. Net income attributable to News Corp. stockholders was $27 million or $0.05 per diluted share, compared with net loss available to News Corp. stockholders of $92 million or $0.16 per diluted share in Q1 FY 2013. Chief Executive Robert Thomson commented, "Our first quarter as the new News was the beginning of a journey in the digital development of the company. There are certainly headwinds in Australia, magnified by inauspicious foreign currency movements, but we have been consistently cost conscious and are transforming our publishing operations longer-term into multi-platform businesses. We are vigorously pursuing a strategy to improve our revenue prospects and we look forward to updating all in future quarters." The Full Research Report on News Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/0e59_NWSA]
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