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Tuesday, August 13, 2013

Announcements of Financial Results, New Appointments, Channel Programs and Quarterly Dividends - Research Report on SIRIUS XM Radio, Pandora Media, IMAX, Scripps Networks Interactive, and Belo

Announcements of Financial Results, New Appointments, Channel Programs and Quarterly Dividends - Research Report on SIRIUS XM Radio, Pandora Media, IMAX, Scripps Networks Interactive, and Belo

NEW YORK, August 13, 2013 /PRNewswire/ --



Editor Note: For more information about this release, please scroll to bottom.



Today, Analysts' Corner announced new research reports highlighting SIRIUS XM Radio
Inc. (NASDAQ: SIRI), Pandora Media, Inc. (NYSE: P), IMAX Corporation (NYSE: IMAX), Scripps
Networks Interactive, Inc. (NYSE: SNI), and Belo Corp. (NYSE: BLC). Today's readers may
access these reports free of charge - including full price targets, industry analysis and
analyst ratings - via the links below.



SIRIUS XM Radio Inc. Research Report



On July 25, 2013, SIRIUS XM Radio Inc. (SiriusXM) reported its financial results for
Q2 2013. The Company's revenue increased 12.2% YoY to $940.1 million. Net income was
$125.5 million or $0.02 per diluted share, compared to net income of $3.1 billion or $0.48
per diluted share in Q2 2012. According to the Company, net income in the Q2 2012
benefitted from a $3 billion reversal of deferred income tax valuation allowances.
Commenting on the results, SiriusXM's CEO, Jim Meyer, said, "SiriusXM's second quarter
results reflect record performance on almost every vital metric: the 25 million subscriber
milestone, record revenue, adjusted EBITDA and adjusted EBITDA margin. We grew our revenue
at double digit rates for the sixth consecutive quarter while being very mindful of our
costs as we invest in advanced IP and telematics platforms designed to provide more
services to our subscribers and automakers." He added, "SiriusXM has now purchased 391
million shares of its common stock so far this year for nearly $1.3 billion, and we plan
to continue using our growing free cash flow and strong balance sheet in a very
disciplined way to reward our investors." 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]



--



Pandora Media, Inc. Research Report



On July 17, 2013, Pandora Media, Inc. (Pandora) announced the election of Elizabeth A.
"Betsey" Nelson to its Board of Directors, effective as of July 15, 2013. Pandora stated
that Nelson will also join the Company's audit committee. Commenting on the appointment,
Pandora's Chairman and Chief Executive Officer, Joe Kennedy, said, "Betsey has a stellar
track record of ensuring the integrity and transparency of companies through her work on
several high-profile boards. Betsey brings expertise and experience serving companies at
the center of growth and innovation in technology - including those in the mobile space,
cloud and digital media. We couldn't ask for a better fit for Pandora's board of
directors." 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]



--



IMAX Corporation Research Report



On July 25, 2013, IMAX Corporation (IMAX) reported its financial results for Q2 2013.
Revenue increased 17.2% YoY to $82.3 million, driven by recurring revenue. Net income was
$11.8 million or $0.17 per diluted share, compared to net income of $11.0 million or $0.16
per diluted share in Q2 2012. Commenting on the results, IMAX's CEO, Richard L. Gelfond
said, "In the second quarter we remained focused on executing our strategy of expanding
the network and delivering solid global box office and per screen performance, which
resulted in strong recurring revenue growth." "When you take into account the healthy
backlog at the end of the second quarter, along with the substantial signing activity over
the past few weeks, including last night's Wanda/AMC announcement, the result is a strong
pipeline for continued network expansion over the coming years. We believe that this,
together with our world-class brand and our increasing ability to tailor our programming
globally, positions the Company well for long-term growth and an exciting future," he
concluded. The Full Research Report on IMAX Corporation - 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/085e_IMAX]



--



Scripps Networks Interactive, Inc. Research Report



On July 23, 2013, Scripps Networks Interactive, Inc. (Scripps Networks) announced a
raft of new programming across Travel Channel and Food Network UK. Travel Channel, which
was re-launched earlier in 2013 with a new logo and new and exciting lineup of talents,
announced two new commissions namely, Luxury Uncovered and Man Vs. World, highlighting the
channel's investment into original programming. Further, Food Network, the number one
lifestyle channel in the UK as per the Company, also announced a new commission with Jenny
Morris Cooks the Riviera. Nick Thorogood, Senior Vice President Content & Marketing of
Scripps UK & EMEA, commented, "It's fantastic to create original, dynamic programming
relevant to so many of the territories we broadcast to and to showcase both new and
established talent." The Full Research Report on Scripps Networks Interactive, 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/d3d0_SNI]



--



Belo Corp. Research Report



On July 25, 2013, Belo Corp. (Belo) announced that its Board of Directors declared a
quarterly cash dividend of $0.08 for each outstanding share of Series A common stock and
Series B common stock for Q3 2013. Belo reported that the dividends will be paid on
September 6, 2013, to shareholders of record on August 16, 2013. The Full Research Report
on Belo Corp. - including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at: [
http://analystscorner.com/microwriter/link.php?s=BLC]



----



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