Home › content

XM Satellite Radio Beats Estimates, Reports 1.68 Million Subscribers

Authored by Mark Hefflinger on April 2, 2004 - 8:01am.
Washington -- XM Satellite Radio, a provider of satellite-delivered digital radio programming, announced that it added 320,000 net new subscribers during the first quarter of 2003 -- a 230% increase over the number added in the same period last year -- and now counts a total of 1.68 million subscribers. The numbers beat analyst estimates, which projected XM would add 259,000 subscribers during the quarter. "This strong performance firmly positions the company for its 2004 goal of more than 2.8 million subscribers by year's end," said XM CEO Hugh Panero.
http://biz.yahoo.com/prnews/040401/dcth045_1.html 
http://www.xmradio.com

tags: Deals | Satellite Radio | XM | Estimates |

add to:  del.icio.us  |  digg |  Yahoo! MyWeb  | Slashdot


Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
Add image
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd><br><p> <b> <i> <img> <hr>
  • Images can be added to this post.
  • Web page addresses and e-mail addresses turn into links automatically.

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.