DALLAS, Oct. 13, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Sirius XM Radio Inc. (Nasdaq:SIRI). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/lp/SIRI
Sirius XM Radio Inc. (SIRI) has two principal wholly owned subsidiaries, XM Satellite Radio Holdings Inc. and Satellite CD Radio Inc. The Company is engaged in broadcasting its music, sports, news, talk, entertainment, traffic and weather channels in the United States for a subscription fee through its satellite radio systems, the SIRIUS system and the XM system. The SIRIUS system consists of four in-orbit satellites, approximately 125 terrestrial repeaters that receive and retransmit signals, satellite uplink facilities and studios. The XM system consists of four in-orbit satellites, over 650 terrestrial repeaters that receive and retransmit signals, satellite uplink facilities and studios. Subscribers can also receive certain of its music and other channels over the Internet. As of December 31, 2009, SIRI had 18,772,758 subscribers.
Message Board Search for SIRI: http://www.boardcentral.com/boards/SIRI
In the report, the analyst notes:
"Early this month, SIRI announced that it expects to generate an all-time high subscriber growth in 2010, boosting investor enthusiasm in the firm. The Company now expects to add 1.3 million net subscribers for 2010, topping its previous estimate of 1.1 million in August. The Company expects to end the year with approximately 20.1 million subscribers."
"SIRI reported improvements on several operating metrics in the last quarter. The Company said its average revenue per subscriber (ARPU) was $11.81, an increase of 11% from ARPU of $10.66 in the second quarter 2009. Its self-pay monthly churn rate was 1.8% compared with 2% in the year-ago quarter. Subscriber acquisition cost was $59 versus $57 in the year-ago quarter."
To read the entire report visit: www.microstockprofit.com/lp/SIRI
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