Sirius Satellite Radio managed to narrow its second quarter loss to $83.9 million, or 6 cents a share during the second quarter compared to a $134.1 million, or 9-cent per share loss reported during the same period in 2007. Thomson Financial analysts called for a 7-cent per share loss.
The company reported its second quarter financial results Thursday morning (Aug. 7) as a stand-alone operation before it merged with XM on July 28, 2008, and became Sirius XM Radio.
Sirius
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