This excerpt taken from the SIRI 8-K filed Dec 18, 2008.
Improved 2008 adjusted EBITDA guidance
Source: Company filings and estimates
New adjusted EBITDA guidance of ($200) mm in 2008,
3Q08 adjusted EBITDA ex. merger costs close to
Guidance implies 4Q08 adjusted EBITDA of ($32) mm versus pro forma 4Q07 of ($224) mm, an 86% improvement