CORRECTED-Sirius XM's profit rises in fourth quarter
(Corrects second paragraph to say fourth quarter, not third quarter)
Feb 5 (Reuters) - Satellite radio provider Sirius XM Radio Inc posted on Tuesday higher quarterly revenue and sales for the fourth quarter, as it added subscribers.
Net income rose to $156.2 million, or 2 cents per share, in the fourth quarter, compared with $71.3 million, or 1 cent per share, a year earlier.
The New York-based company said total revenue rose 14 percent to $892.4 million.
Analysts had expected revenue of $898.65 million, according to Thomson Reuters I/B/E/S.
Sirius XM previously said it had added 2 million subscribers in 2012, bringing its total subscriber base to 23.9 million. (Reporting By Liana B. Baker; Editing by Gerald E. McCormick)
- Total CEO de Margerie killed in Moscow as jet hits snow plow |
- Pistorius starts five-year term for killing Reeva Steenkamp
- Ebola crisis turns a corner as U.S. issues new treatment protocols
- Sweden gets two new sightings, as hunt for undersea intruder goes on
- U.S. Congress examining deal between NSA official, ex-agency chief