Customer, revenue growth continues at XM Canada

TORONTO – Despite “steady” growth in revenue and subscribers, Canadian Satellite Radio Holdings, parent company of XM Canada, reported an adjusted operating loss of $3.3 million for the third quarter of 2010, slightly lower than in the third quarter of 2009.For the three months ended May 31, 2010, net loss before foreign exchange gains was $16.1 million, compared to $15.1 million in the same period last year (excluding non-comparable items of $22.8 million as a result of a debt buyback). Pre-marketing adjusted operating profit was $1.2 million for the quarter, down from $2.4 million for the same period of 2009,...