Sirius XM Takes a Big Hit, Still is Not Making Money
Despite the best efforts of the company to fight back against those who question its financial health, people are still talking about the company’s disappointing results post-merger. This is not going to be helped along at all by Sirius XM’s most recent quarter: it posted a staggering $4.88 billion loss.
Revenues did increase 17%, something CEO Mel Karmazin was quick to point out in a conference call with analysts.
- Add new comment
- Read more
- Reset vote
- -1 points

