SIRIUS Q2 Results

Peter Parker

Formerly Geronimo
Original poster
Supporting Founder
Lifetime Supporter
Sep 9, 2003
12,278
1,951
http://biz.yahoo.com/prnews/040721/nyw056_1.html

* Subscriber Base Increased 37% to 480,341
* Record Quarter For Net Additions
* Revenue Improved 42% Over First Quarter 2004
* Company Reaffirms Forecast of One Million Subscribers by Year End
* Net additions of 128,678 subscriber
* added 81,185 subscribers from the retail channel, 315% more than were activated in the second quarter of 2003

Conference call is 10 AM today try www.sirius.com or Ch 131

total revenue of $13.2 million, compared to $2.1 million for the second quarter of 2003

loss from operations of $(133.0) million for the second quarter of 2004, compared to a loss from operations of $(109.8) million for the second quarter of 2003.

djusted loss from operations for the quarter was $(97.3) million compared to adjusted loss from operations of $(86.5) million for the second quarter of 2003 (refer to reconciliation table of loss from operations to adjusted loss from operations).


net loss applicable to common stockholders of $(136.8) million, or $(0.11) per share, for the second quarter of 2004, compared with a net loss applicable to common stockholders of $(111.8) million, or $(0.12) per share, for the second quarter of 2003


ARPU= $10.54 down from the $10.90 from a year ago.
 

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