SIRIUS XM Radio Inc. (SIRI) Financial News - Post Earnings Review of Sirius XM Featured on MicroStockProfit.com
SIRIUS XM Radio Inc. (SIRI)
Post Earnings Review of Sirius XM Featured on MicroStockProfit.com
2011-08-03 09:37:02
Keywords: Post Earnings Review of Sirius XM Featured on MicroStockProfit.com, siri
Quote: SIRI programming is also available at sirius.com and xmradio.com, and on Apple iPhone and iPod touch, BlackBerry and Android-powered mobile devices using the Sirius XM Premium Online App. The Company has arrangements with every major automaker and its radio products are available at retail locations nationwide, as well as shop.sirius.com and shop.xmradio.com.
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In the report, the analyst notes:
"Shares of SIRI jumped as much as 5.21% on Tuesday following the satellite radio provider's second-quarter earnings release. Investors cheered as the report showed higher profit and revenue, along with a reduction in expenses."
"Looking forward, the Company expects to add 1.6 million net subscribers this year, up from its previous estimate of 1.4 million."
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