Wednesday, January 26, 2005

What Has Been Sirius Satellite Radio's Best Move?

Link - Sirius Satellite Radio, which ended its 2004 orbit with more than 1.1 million subscribers, today said its fourth-quarter loss widened to $261.9 million, or 21 cents per share, from $147.8 million, or 14 cents per share, a year ago. The silver lining to that black cloud: Quarterly revenue increased fivefold, boosted by holiday sales. As a result, Sirius has raised its 2005 year-end subscriber estimate to more than 2.5 million.

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