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XM Cuts Loss Third Quarter Loss

Submit on Tuesday, November 7th, 2006 12:00

XM Satellite Radio Holdings Inc. cuts its third quarter loss as revenues improved 57 percent, the company announced Nov. 6. XM lost $84 million in the 2006 third quarter, which closed Sept. 30, down from a loss of $132 million in the same period a year ago. Revenues jumped from $153…

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