Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>SiriusXM reported its results for the second quarter of 2024, reflecting a multifaceted approach toward sustained growth and operational adjustments.</li><li>As detailed by CEO Jennifer Witz and CFO Tom Barry, SiriusXM has maintained a sound financial framework, balanced by strategic pushes into both subscription enhancements and the expanding realm of advertising revenue.</li><li>They also highlighted the expected progression from strong EBITDA to increased free cash flow, fueled by cost-saving initiatives and persistent operational efficiency.</li></ul>

SiriusXM reported its results for the second quarter of 2024, reflecting a multifaceted approach toward sustained growth and operational adjustments.As detailed by CEO Jennifer Witz and CFO Tom Barry, SiriusXM has maintained a sound financial framework, balanced by strategic pushes into both subscription enhancements and the expanding realm of advertising revenue.They also highlighted the expected progression from strong EBITDA to increased free cash flow, fueled by cost-saving initiatives and persistent operational efficiency.

Sirius XM Holdings: Are Its Expansion Efforts of Content Offerings Going To Prove Enough? - Major Drivers

<ul><li>SiriusXM Holdings Inc. delivered a strong financial performance for its first quarter of 2024, with an encouraging 7% year-over-year increase in advertising revenue to over $400 million.</li><li>This growth in ad revenue, driven by a growing addressable advertising audience and a strengthening ad market, helped offset a slight 1% drop in subscription revenue.</li><li>The firm's adjusted EBITDA was up 4% year over-year and delivered a margin of 30%, up 1 percentage point from the previous year.</li></ul>

SiriusXM Holdings Inc. delivered a strong financial performance for its first quarter of 2024, with an encouraging 7% year-over-year increase in advertising revenue to over $400 million.This growth in ad revenue, driven by a growing addressable advertising audience and a strengthening ad market, helped offset a slight 1% drop in subscription revenue.The firm's adjusted EBITDA was up 4% year over-year and delivered a margin of 30%, up 1 percentage point from the previous year.

Sirius XM Holdings:  Improving Conversion

<ul><li>In its latest earnings, SiriusXM Holdings Inc.</li><li>discussed its strong operating and financial performance in 2023.</li><li>During the year, the company exceeded expectations, surpassing its adjusted EBITDA and free cash flow target.</li></ul>

In its latest earnings, SiriusXM Holdings Inc.discussed its strong operating and financial performance in 2023.During the year, the company exceeded expectations, surpassing its adjusted EBITDA and free cash flow target.

Sirius XM Holdings Inc: Flexible Pricing and Packaging & 5 Catalysts For Future Growth! - Major Drivers

<ul><li>Sirius XM Holdings Inc. delivered a mixed set of results for the previous quarter with revenues well below analyst expectations but managed earnings beat.</li><li>The flagship SiriusXM service attained around 34 million subscribers, with ongoing quarterly enhancements in self-pay net subscriptions.</li><li>Amid this investment phase, the resilient and profitable business model and substantial cash flow remained steadfast.</li></ul>

Sirius XM Holdings Inc. delivered a mixed set of results for the previous quarter with revenues well below analyst expectations but managed earnings beat.The flagship SiriusXM service attained around 34 million subscribers, with ongoing quarterly enhancements in self-pay net subscriptions.Amid this investment phase, the resilient and profitable business model and substantial cash flow remained steadfast.

Sirius XM Holdings Inc.: Unveiling Next Generation SiriusXM Streaming Platform! - Major Drivers

<ul><li>Sirius XM Holdings delivered a solid result and managed an all-around beat last quarter.</li><li>The company's strategic approach to managing expenses and optimizing efficiency resulted in improved cash operating expenses.</li><li>Sirius XM Holdings maintained its prudent financial approach, exemplified by strong free cash flow generation and responsible capital allocation strategies prioritizing shareholder returns.</li></ul>

Sirius XM Holdings delivered a solid result and managed an all-around beat last quarter.The company's strategic approach to managing expenses and optimizing efficiency resulted in improved cash operating expenses.Sirius XM Holdings maintained its prudent financial approach, exemplified by strong free cash flow generation and responsible capital allocation strategies prioritizing shareholder returns.

Sirius XM Holdings Inc.: The Strategies Driving Pandora and SiriusXM's Subscriber Surge! - Financial Forecasts

United States

Sirius XM Holdings Inc. broadcasts various channels of audio from its satellites. The Company provides its services throughout the continental United States for a monthly subscription fee. Sirius delivers various streams of commercial-free music in every genre, as well as streams of  news, sports, weather, talk, comedy, and public radio.

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Sirius Xm Holdings (SIRI US)

Sirius XM Holdings: Are Its Expansion Efforts of Content Offerings Going To Prove Enough? - Major Drivers

SiriusXM reported its results for the second quarter of 2024, reflecting a multifaceted approach toward sustained growth and operational...

Baptista Research

Sirius XM Holdings: Improving Conversion

SiriusXM Holdings Inc. delivered a strong financial performance for its first quarter of 2024, with an encouraging 7% year-over-year increase in...

Baptista Research

Sirius XM Holdings Inc: Flexible Pricing and Packaging & 5 Catalysts For Future Growth! - Major Drivers

In its latest earnings, SiriusXM Holdings Inc. discussed its strong operating and financial performance in 2023. During the year, the company...

Baptista Research

Sirius XM Holdings Inc.: Unveiling Next Generation SiriusXM Streaming Platform! - Major Drivers

Sirius XM Holdings Inc. delivered a mixed set of results for the previous quarter with revenues well below analyst expectations but managed...

Baptista Research

Sirius XM Holdings Inc.: The Strategies Driving Pandora and SiriusXM's Subscriber Surge! - Financial Forecasts

Sirius XM Holdings delivered a solid result and managed an all-around beat last quarter. The company's strategic approach to managing expenses and...

Baptista Research

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