Howard Stern Show Listening Thread

The Butler · 11-05-2009, 08:01 AM

NEW YORK, Nov 5 (Reuters) - Sirius XM (SIRI.O) posted a smaller quarterly loss, helped by rate increases and the success of premium programming on its pay-radio service, and expects to see subscribers and revenue growth in 2010.

Sirius's third-quarter net loss was $149 million or 4 cents a share, from a loss of $4.88 billion, or $1.93 a share, a year earlier. The 2008 loss included a large charge related to goodwill.

Analysts were looking for a loss of share of 2 cents for the quarter, according to Thomson Reuters I/B/E/S.

Revenue rose 3 percent to $629.6 million, beating Wall Street average expectations of $608.7 million.

http://www.reuters.com/article/marke...0091105?rpc=44

11-05-2009, 08:01 AM	#11
The Butler Degenerate Member Join Date: Jun 2009 Location: Canton-Massillon, Ohio Posts: 69,426 vCash: 119951586365361	NEW YORK, Nov 5 (Reuters) - Sirius XM (SIRI.O) posted a smaller quarterly loss, helped by rate increases and the success of premium programming on its pay-radio service, and expects to see subscribers and revenue growth in 2010. Sirius's third-quarter net loss was $149 million or 4 cents a share, from a loss of $4.88 billion, or $1.93 a share, a year earlier. The 2008 loss included a large charge related to goodwill. Analysts were looking for a loss of share of 2 cents for the quarter, according to Thomson Reuters I/B/E/S. Revenue rose 3 percent to $629.6 million, beating Wall Street average expectations of $608.7 million. http://www.reuters.com/article/marke...0091105?rpc=44
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