Sirius' Q2 loss grows along with revenues
Sirius XM Radio Inc. saw its loss increase to $157.4 million in the second quarter while revenue increased more than twofold to $590.8 million. "Growing our revenue in the face of broad declines in the advertising and automotive markets is a remarkable accomplishment, and we are well positioned for a rebound in auto sales," said CEO Mel Karmazin.
Wall Street Journal, The | 08/07
This story published in NAB SmartBrief on 08/07/2009
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