Latest news with #SXM-9
Yahoo
15-03-2025
- Business
- Yahoo
Sirius XM Holdings (NasdaqGS:SIRI) Sees 6% Dip Following Disappointing Q4 2024 Revenue
Sirius XM Holdings recently appointed Richard N. Baer as Executive Vice President, General Counsel, and Secretary, signaling a significant leadership transition as Sirius XM navigates complex market conditions. The company's share price declined by 5.97% over the last quarter, a period marked by several noteworthy developments. These include the disappointing revenue figures in their Q4 2024 earnings announcement, with total revenue declining year-over-year, while net income improved. Concurrently, the broader market faced turbulence, with major indexes posting consecutive weekly losses amid economic and political uncertainties, compounded by faltering consumer sentiment and inflation concerns. This backdrop likely influenced Sirius XM's stock performance despite corporate efforts such as share buybacks and operational expansion with the launch of the SXM-9 satellite. The period also saw Sirius XM's declared dividend of $0.27 per share, consistent with their commitment to returning value to shareholders amidst a challenging quarter. Navigate through the intricacies of Sirius XM Holdings with our comprehensive balance sheet health report here. Uncover 15 companies that survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Over the last five years, Sirius XM Holdings experienced a total return decline of 41.63%, which reflects ongoing challenges despite operational efforts. The company underperformed the US Media industry, which had a 7% decline in the past year, and the broader US market, which saw a return of 9.5%. A significant factor was the substantial increase in losses, averaging 15.8% annually, driven by declining revenue and unprofitability. Additionally, Sirius XM faces valuation concerns, being priced unfavorably compared to its peers. Its removal from the NASDAQ Composite Index in November 2024 may have also impacted investor sentiment. Despite efforts such as the satellite expansion with SXM-9 becoming fully operational in January 2025, the economic pressure continues. The company's attempts at financial management, including share repurchases reaching 10.85 billion shares, did not cushion against declining shareholder confidence. Furthermore, the company declared successive dividends, though the payout isn't well covered by earnings, adding to financial strain. These factors collectively reflect the challenges Sirius XM faces in the competitive media industry landscape. Shareholder in Sirius XM Holdings? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:SIRI. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
27-01-2025
- Climate
- Yahoo
SpaceX rocket launch recap: Live updates from Starlink mission Monday from Cape Canaveral
Launch recap: Scroll down to review live updates from of a SpaceX Falcon 9 rocket from Cape Canaveral on the Starlink 12-7 mission. Original story: Welcome to FLORIDA TODAY Space Team live coverage of the evening-rush-hour SpaceX Starlink 12-7 mission from Cape Canaveral Space Force Station. SpaceX is now targeting 5:05 p.m. EST to launch the rocket from Launch Complex 40. Expect 95% "go for launch" weather, the Space Force's 45th Weather Squadron predicts. The squadron only forecasted a 5% chance of cumulus clouds postponing the mission during the 4½-hour launch window, coupled with a low-to-moderate risk of upper-level wind shear. The Falcon 9 will deploy a batch of Starlink internet satellites, which are packed inside the fairing atop the 230-foot rocket. No Central Florida sonic booms are expected, and the Falcon 9 will soar skyward along a southeasterly trajectory. Cape Canaveral: Is there a launch today? Upcoming SpaceX, Blue Origin, NASA rocket launch schedule in Florida Countdown Timer Update 5:13 p.m.: The Falcon 9 first-stage booster just landed aboard SpaceX's drone ship A Shortfall of Gravitas in the Atlantic Ocean, completing its 20th mission. Update 5:05 p.m.: Liftoff! SpaceX has just launched the Falcon 9 carrying 21 Starlink satellites — including 13 with direct-to-cell communications capabilities — from Launch Complex 40 at Cape Canaveral Space Force Station. Update 5 p.m.: SpaceX's launch webcast is now posted above, right below our countdown clock. Liftoff is scheduled in five minutes from Cape Canaveral Space Force Station. Update 4:53 p.m.: Twelve minutes before liftoff, a large-scale front continues tracking just north of the Florida border — but the Sunshine State peninsula remains free of worrisome cloud cover, this National Weather Service radar loop shows. Update 4:43 p.m.: Today's mission marks the Falcon 9 first-stage booster's 20th flight, SpaceX reported. This much-traveled booster previously launched CRS-26, SXM-9, OneWeb Launch 16, Instelsat IS-40e, O3B mPOWER, Ovzon 3, Eutelsat 36D, Turksat 6A, Maxar 2 and 10 Starlink missions. Following stage separation, crews expect the booster to land atop the SpaceX drone ship A Shortfall of Gravitas in the Atlantic Ocean 8 minutes, 9 seconds after liftoff. Update 4:33 p.m.: Falcon 9 fueling procedures are underway at Launch Complex 40, as indicated by white vapor billowing alongside the rocket. That means the upcoming Starlink mission countdown is now locked in to lift off at 5:05 p.m. without any delays, or else today's launch must be postponed. Update 4:20 p.m.: Here's a rundown of SpaceX's upcoming behind-the-scenes countdown timeline. T-minus: 38 minutes: SpaceX launch director verifies 'go' for propellant load. 35 minutes: Rocket-grade kerosene and first-stage liquid oxygen loading begins. 16 minutes: Second-stage liquid oxygen loading begins. 7 minutes: Falcon 9 begins engine chill prior to launch. 1 minute: Command flight computer begins final prelaunch checks; propellant tank pressurization to flight pressure begins. 45 seconds: SpaceX launch director verifies 'go' for launch. 3 seconds: Engine controller commands engine ignition sequence to start. 0 seconds: Liftoff. Update 4:10 p.m.: Brevard County Emergency Management officials have activated the agency's launch operations support team ahead of SpaceX's upcoming Falcon 9 launch. Update 3:57 p.m.: This National Weather Service radar loop from the Melbourne Orlando International Airport station shows no significant cloud cover across the entire Central Florida peninsula. Update 3:40 p.m.: More information from the 45th Weather Squadron's forecast, which also encompassed a Tuesday afternoon backup launch window: "Surface high pressure across the Southeast (Sunday) will build east of FL early Monday, maintaining dry conditions for the primary launch window. A front will dig southeast across the Spaceport Tuesday; however, a lack of moisture will keep conditions dry for the backup window," the forecast said. "There is only a small chance of a Cumulus Cloud Rule violation during the primary launch window, with a very low probability of weather violations for the backup window," the forecast said. For the latest news and launch schedule from Cape Canaveral Space Force Station and NASA's Kennedy Space Center, visit Rick Neale is a Space Reporter at FLORIDA TODAY. Contact Neale at Rneale@ Twitter/X: @RickNeale1 Space is important to us and that's why we're working to bring you top coverage of the industry and Florida launches. Journalism like this takes time and resources. Please support it with a subscription here. This article originally appeared on Florida Today: SpaceX launch recap: Live updates from Monday mission at Cape Canaveral
