SIRIUS XM Radio On A Gold Run
Sirius XM Radio on has reportedly had a bigger second-quarter profit despite higher revenue and lower loss on debt extinguishment. Also Sirius XM Radio's full-year subscriber growth target has increased yet again which has lead to a rise in its prices in the coming year of 2010.Sirius XM Radio had reported to have added 452,147 net subscribers in the second quarter resulting in a total user base of slightly more than 21 million which is the highest that Sirius XM Radio has ever reached. Sirius XM Radio's quarterly profit of $173.3 million has been way beyond Wall Street expectations with an increase from a profit of $15.3 million in the last year. The revenue rose from 6 percent to $744 million this year.
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