Sirius Q2 Revs Up 51% - Radio World

Sirius Q2 Revs Up 51%

Sirius said it had revenues of $226.4 million for the three-month period ending June 30, a 51 percent increase from $150.1 million a year ago.
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Sirius said it had revenues of $226.4 million for the three-month period ending June 30, a 51 percent increase from $150.1 million a year ago.

Its net losses improved to $134.1 million, compared to $237.8 million. Subscriber acquisition costs dropped to $108 per buyer, down from $131.
It said its average monthly subscriber churn for the year will be 2.2 percent to 2.4 percent

The company grew during the second quarter, posting a gain of 561,493 new subscribers for a total of 7,142,538. Sirius expects to end the year with more than 8 million subscribers.

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Sirius Revenue Up, Losses Narrowed in Q3

Sirius Satellite Radio reported increased revenue and a smaller loss in the third quarter of the year. Total revenue for the third quarter of 2007 increased to $241.8 million, up 45% from $167.1 million for same period a year ago.