Revenue up, loss down for Sirius
Sirius Satellite Radio Inc. released its fourth-quarter report this morning and it shows some improvement. Sales more than doubled compared to the fourth quarter in 2005. Last year Sirius notched sales for $193.4 million compared to $80 the year before. Last year’s fourth quarter loss was $245 million compared to $311 million in 2005.
Sirius ended 2006 with 6 million subscribers, up from 3.3 million a year earlier.
