Sirius boosts 2005 revenue view
Still 900K + more to hit 3 Million Subs..
From the AP:
Sirius Satellite Radio Inc. on Monday boosted its full-year revenue guidance slightly and said it expects to report strong revenue growth in 2006.
In a Form 8-K filing with the Securities and Exchange Commission, the satellite radio provider raised its revenue outlook to $230 million from $225 million. The higher outlook is below analysts' revenue expectations of $234.5 million for the year, according to a Thomson Financial survey.The company said it still expects to have 3 million subscribers by year-end, up from nearly 2.1 million subscribers as of Sept. 15.