Sirius XM today warned that their revenue will be lower than expected ($8.5B, where I was modeling $9.0B) and also free cash flow for 2025 is disappointing at 1.1B.
As I was expecting a better trend towards 2025 and higher cash flows, my business case is broken and I have sold unfortunately against a small loss. Also this was more like a value play and my strategy has come towards quality investments.
I have sold the shares for 26.40 dollar and hope to announce a new buy soon.