Next week Sirius XM Holdings (SIRI) will report second quarter results, results that will be just a bit more complex because of three events that took place during the quarter. These were:
- The purchase of Automatic Labs Inc. (Automatic) on April 27th.
- An investment in Pandora Media (P) announced on June 9th.
- Two new bond issues totaling $2 billion announced on June 26th.
There should not be too much impact from these transactions because the latter two took place late in the quarter, and the purchase of Automatic was somewhat small. However, the following is what investors might see.
