Advertisement
YOU ARE HERE: LAT HomeCollectionsXm Satellite Radio Holdings
IN THE NEWS

Xm Satellite Radio Holdings

BUSINESS
February 13, 2006
Tuesday * The Commerce Department reports retail sales for January and business inventories for December. * Quarterly earnings report expected from Warner Music Group Corp. Wednesday * The Federal Reserve reports industrial production for January. * New Federal Reserve Chairman Ben S. Bernanke to testify before the House Financial Services Committee. * Quarterly earnings reports expected from Applied Materials Inc., Biogen Idec Inc. and Hewlett-Packard Co.
Advertisement
BUSINESS
April 28, 2006 | From the Associated Press
XM Satellite Radio Holdings Inc. reported a wider first-quarter loss Thursday and disclosed that federal regulators were probing its marketing practices. XM, the larger of the nation's two satellite radio providers, lost $151.4 million, or 60 cents a share, in the period ended March 31 versus a loss of $122.1 million, or 58 cents, a year earlier.
BUSINESS
October 5, 2005 | From Bloomberg News
Sirius Satellite Radio Inc., the No. 2 U.S. pay-radio company, said it added more than 359,000 subscribers in the third quarter, topping the 2 million mark for the first time. Sirius expects to reach 3 million subscribers by year's end, the New York-based company said. Sirius also said that with more than 2.17 million subscribers, its market share rose 20% from the year-earlier quarter.
BUSINESS
January 8, 2004 | From Bloomberg News
XM Satellite Radio Holdings Inc. said it ended 2003 with 1.36 million subscribers. The Washington-based satellite radio broadcaster expects to have more than 2.8 million subscribers by the end of this year, Chief Executive Hugh Panero said. The company earlier had forecast 2.5 million customers at the end of 2004. XM's smaller competitor, Sirius Satellite Radio Inc., said it added more than 100,000 subscribers in the December quarter to end 2003 with 261,061.
BUSINESS
August 6, 2004 | From Bloomberg News
XM Satellite Radio Holdings Inc., the world's biggest satellite radio service, said its second-quarter net loss widened as costs increased. The company's shares rose as XM boosted its forecast for new subscribers. The loss widened to $166.1 million from $161.9 million a year earlier. On a per-share basis, the loss narrowed to 84 cents a share from $1.38 because the number of shares outstanding increased, XM said in a regulatory filing.
Los Angeles Times Articles
|