XM's Q4 Revenue is $9 Million - Radio World

XM's Q4 Revenue is $9 Million

XM's Q4 Revenue is $9 Million
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XM Satellite Radio reported $9 million in revenue for Q4 of 2002, compared to $532 million in the fourth quarter of 2001. EBITDA loss for the quarter decreased to $(97.3) million as compared with $(113.2) million in the fourth quarter of 2001.
For the year ended Dec. 31, 2002, XM reported consolidated EBITDA loss of $(318.0) million, and a consolidated net loss available to common shareholders of $(515.9) million, or $(5.95) per share. In comparison, for the year ended December 31, 2001, XM reported consolidated EBITDA loss of $(238.8) million, and a consolidated net loss available to common shareholders of $(307.5) million, or $(5.13) per share.

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