XM's 2nd Quarter 2005 Results

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.