XM Satellite Radio Posts First Quarter 2007 Results
XM Satellite Radio reported that revenue for the first quarter of 2007 increased 27 percent year-over-year to $264 million, compared to $208 million in the 2006 first quarter. XM’s 2007 first quarter net loss narrowed to $122 million, representing an 18 percent improvement compared to the 2006 first quarter net loss of $149 million. XM ended the 2007 first quarter with more than 7.9 million subscribers compared to 6.5 million...
Sirius Posts Record Quarterly Revenues
Sirius Satellite Radio reported record revenues during the first quarter. For the three month period ending March 31st, revenues improved 61 percent to $204 million, though losses remained. For the quarter, net losses totaled $144.7 million, substantially less than a $458.5 million dive recorded during the year-ago quarter. Sirius also acquired 556,490 new customers during the period, bringing their total to 6.6 million. The...
Coupon Codes Built Into Your Browser + Earn Money On Your Online Purchases!
