Sirius Hits Cash Flow Positive For Q4
January 2, 2007 at 1:06 PM (PT)
As the company promised, SIRIUS SATELLITE RADIO has achieved cash-flow-positive status for fourth quarter 2006. The company also announced that it ended 2006 with a subscriber count of approximately 6,024,000 subscribers, which is an 82% increase from the 3,316,560 subs with which SIRIUS ended 2005 and lands within the middle of the 5.9-6.1 range of the company's downwardly revised projections issued on DECEMBER 4.
Full financial reports for SIRIUS will be issued in FEBRUARY.