XM: Positive Cash Flow In Q4, Finishes Year With 7.6M Subs
January 5, 2007 at 5:52 AM (PT)
Now it's XM SATELLITE RADIO's turn to announce that it achieved positive cash flow for fourth quarter 2006, and that's what the company says happened based on preliminary financial results. The announcement comes after rival SIRIUS SATELLITE RADIO made a similar announcement earlier this week.
XM also announced that it finished 2006 with 7.625 million subscribers, an increase of 1.695 million from the previous year. It added over 442,000 subs in fourth quarter.