XM Reports Q4 Financials
February 26, 2007 at 5:34 AM (PT)
XM SATELLITE RADIO HOLDINGS INC. reported financial and operating results for the fourth quarter and full year ended DECEMBER 31, 2006. XM announced that 2006 revenue increased year over year by 67% to $933 million.
XM added 1.696 million new net subscribers in 2006 for a total of 7.629 million subscribers, and XM achieved positive cash flow from operations in the fourth quarter.