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XM Satellite Radio Loss Widens, Subscribers Increase

New York City :: USA | May 12, 10:47 AM | Event Rating: 0
XM Satellite Radio Loss Widens, Subscribers Increase
Event summary
XM, which is seeking regulatory approval for an acquisition by rival Sirius, said it lost $129.3 million, or 42 cents per share, compared with $122.4 million, or 40 cents per share, a year ago. Analysts were expecting a loss of 39 cents a share on ...
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Source: The Motley Fool | May 13, 9:58 AM

The company's net loss refreshingly narrowed to $0.07 a share, but what's the deal with landing just 322,534 net subs? Despite regular criticism regarding the discrepancies in how each company counts its subscribers, Sirius has spent the past two ...

Source: Chicago-Sun Times | May 13, 4:16 AM

He warned investors that while he still believes the deal was a good decision, ''we are bearing an awful lot of risk'' by taking on Bear Stearns' assets. Bear Stearns is expected to post 2009 earnings of $800 million to $1.13 billion, Dimon said. ...

Source: Herald Tribune | May 13, 3:33 AM

Inc. — The company swung to a $2.41 billion loss during the first quarter as the bond insurer faced ongoing deterioration in the credit markets and recorded billions in write-downs. The loss equated to $13.03 per share, compared with year-ago ...

Source: Sun Sentinel | May 13, 2:03 AM

May 13, 2008 Sprint Nextel Corp . , the U.S. mobile-phone company that lost more than a million customers last quarter, said it may sell some assets after its net loss rose to $505 million. The first-quarter net loss expanded to 18 cents a share, ...

Source: The New York Times | May 12, 9:51 PM

Sirus said that its quarterly net loss narrowed to $104.1 million, or 7 cents a share, from a net loss of $144.7 million, or 10 cents a share, a year earlier. At XM, the net loss increased to $129 million, or 42 cents a share, compared with $122 ...

Source: International Business Times | May 12, 6:29 PM

Sirius announced an agreement to acquire XM in February 2007, and received antitrust clearance from the Department of Justice in March. But the deal, valued at about $4 billion, is still waiting for approval from the Federal Communications ...

Source: International Business Times | May 12, 4:11 PM

Sirius lost $104.1 million, or 7 cents per share, in line with analysts' estimates. The results compared with a loss of $144.7 million, or 10 cents per share, in the same period a year earlier. Revenue rose 33 percent to $270.4 million in the latest ...

Source: CNN | May 12, 3:59 PM

Sirius Satellite Radio Inc. says its net loss narrowed in the first quarter as revenue rose 33%...That compared with a loss of $144.7 million, or 10 cents per share, in the same period a year earlier....

Source: CNN | May 12, 2:58 PM

XM Satellite Radio reported Monday more of the same as it limps toward a final decision on its proposed merger with rival Sirius Satellite Radio: Slower growth and wider losses. The Washington, D.C. broadcaster, which released quarterly earnings, ...

Source: International Business Times | May 12, 2:38 PM

XM, which is seeking regulatory approval for an acquisition by rival Sirius, said it lost $129.3 million, or 42 cents per share, compared with $122.4 million, or 40 cents per share, a year ago. Analysts were expecting a loss of 39 cents a share on ...

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