TITLE

XM dials losses down 20%

AUTHOR(S)
Zeitchik, Steven
PUB. DATE
April 2007
SOURCE
Daily Variety;4/27/2007, Vol. 295 Issue 19, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of XM Radio in the first quarter of 2007 in the U.S. The company's stock rose to $11.78 after the company disclosed it had shrunk losses by about 20 percent, to $122 million. Its revenue climbed 27 percent to $264 million in the frame, and earnings report was the company's first since February, when XM accepted a buyout offer from rival firm Sirius.
ACCESSION #
24900252

 

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