- Sep 9, 2003
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http://www.newsday.com/business/loc...,0,6981431.story?coll=ny-nybusiness-headlines
A quarterly loss of 169.4 million or 14 cents a share compared to $106.7 million or 11 cents a share the year before.
Revenue rose 44 percent to $19.1 million. Subscriber acquisition costs rose 82 percent to $47.1 million. The company's costs per customer, which Sirius defines as total costs divided by subscribers, fell to $229 in the third quarter from $234 in the second quarter. The comapny hasa nnounced a goal of getting to $ 220 by the end of the year.
Sirius doesn't count money spent on marketing under its subscriber acquisition costs. Marketing expenses increased 66 percent to $42.5 million.
A quarterly loss of 169.4 million or 14 cents a share compared to $106.7 million or 11 cents a share the year before.
Revenue rose 44 percent to $19.1 million. Subscriber acquisition costs rose 82 percent to $47.1 million. The company's costs per customer, which Sirius defines as total costs divided by subscribers, fell to $229 in the third quarter from $234 in the second quarter. The comapny hasa nnounced a goal of getting to $ 220 by the end of the year.
Sirius doesn't count money spent on marketing under its subscriber acquisition costs. Marketing expenses increased 66 percent to $42.5 million.
