Sirius Radio: 25% Boost In 2Q Revs, Subscriptions

  • August 11, 2008
Sirius Satellite Radio reports a boost in second-quarter earnings, a 25% increase in revenue to $283.0 million, total subscribers in excess of 8.9 million and a 70% decrease in the adjusted loss from operations. The subscriber base is also up 25% from the same period in 1007. Second-quarter 2008 average monthly self-pay customer churn rate was 1.6%. The second-quarter conversion rate was approximately 48%.

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