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Second Quarter Ending Subscribers Exceed 8.25 Million; Revenue Increases 22
Percent and Net Loss Narrows 23 Percent; Largest Quarter Ever for Gross
Automotive Subscriber Additions
WASHINGTON, July 26 /PRNewswire-FirstCall/ — XM Satellite Radio Holdings
Inc. (NASDAQ: XMSR) today announced earnings for the three-month period ended
June 30, 2007. Revenue for the 2007 second quarter increased 22 percent year
over year to $277 million compared to $228 million in the 2006 second
quarter. XM’s 2007 second quarter net loss narrowed to $176 million,
representing a 23 percent improvement compared to the 2006 second quarter net
loss of $229 million.
