XM's 2nd Quarter 2005 Results

Thursday, July 28, 2005 at 9:28 AM
Tags: 2, XM

XM announced their Q205 Results, and here’s the jist of it all:

  • Quarterly revenue increased 136 percent over last year’s quarter to $125 million
  • They had 647,226 net subscriber additions in the second quarter
  • They ended the Quarter with 4,417,490 subscribers compared with 2,100,352 subscribers from last year.

As a result of all the massive growth, XM Satellite Radio has their subscriber guidance from 5.5 Million to 6 Million subscribers by years end.

There’s a whole lot else announced, so go ahead and read the Press Release here.

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