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.
