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XM's 2nd Quarter 2005 Results
XM announced their Q205 Results, and here’s the jist of it all:
Quarterly revenue increased 136 percent over last year’s quarter to $125 million
They had 647,226 net subscriber additions in the second quarter
They ended the Quarter with 4,417,490 subscribers compared with 2,100,352 subscribers from last year.
As a result of all the massive growth, XM Satellite Radio has their subscriber guidance from 5.5 Million to 6 Million subscribers by years end.
XM announced their Q205 Results, and here’s the jist of it all:
Quarterly revenue increased 136 percent over last year’s quarter to $125 million
They had 647,226 net subscriber additions in the second quarter
They ended the Quarter with 4,417,490 subscribers compared with 2,100,352 subscribers from last year.
As a result of all the massive growth, XM Satellite Radio has their subscriber guidance from 5.5 Million to 6 Million subscribers by years end.
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