Sirius Satellite Radio Q2 earnings preview

Sirius Satellite Radio, Inc. (NASDAQ: SIRI) will be up bright and early tomorrow morning, as the company will be reporting its Q2 financials in a live webcast at 8 a.m. EST.

We'll have live coverage of that event right here at BloggingStocks, so be sure and return tomorrow morning to hear what the satellite radio company-in-flux has to say about its recent performance.

Of particular note recently has been CEO Mel Karmazin's announcement that a cheaper "a la carte" option would be available to customers of a combined Sirius / XM Satellite Radio Holding, Inc. (NASDAQ: XMSR) -- something like $6.95 per month -- which has probably gone a long way toward appeasing regulators who still continue to believe that a "monopoly" would be in place with a single national satellite radio operator.

Sirius is expected to report a loss of 10 cents per share on revenue of $228.3 million for Sirius' Q2 period, down from a $0.17 loss for the year-ago quarter. If the merger (buyout, actually) is approved between XM and Sirius soon, this may be one of the last quarters where a loss is expected and delivered. If you're holding onto SIRI, are you ready for this? Thought so.