SIRIUS XM Adds Over 171,000 Net Subscribers In Q1
April 14, 2010 at 4:32 AM (PT)
SIRIUS XM RADIO has announced that it added 171,441 net subscribers in the first quarter of 2010, compared to a net subscriber decline of 404,422 in the first quarter of 2009. The Company ended the first quarter with 18,944,199 subscribers, an increase of 344,765 over the year ago quarter.
"Our subscriber results represent a remarkably positive turn from the year ago quarter, reflecting the broad appeal of our unrivaled programming, the benefits of a recovering auto industry and an improving economic environment for consumers," said CEO MEL KARMAZIN. "We also expect to report solid revenue growth and strong growth in pro forma adjusted income from operations for the first quarter of 2010."