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Higher Revenues Help XM Reduce First Quarter Loss

Submit on Friday, April 27th, 2007 11:00

XM Satellite Radio Holdings Inc. reported revenues of $264 million in the 2007 first quarter, an increase of 27 percent over revenues of $208 million in the same period in 2006, XM announced April 26. XM’s first quarter loss narrowed to $122 million, an 18 percent improvement compared to the…

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