Radio / Television News

Q2 2013 yields a profit for Sirius XM Canada

TORONTO – SiriusXM Canada announced a profit of $4.1 million for the second fiscal quarter of 2013, compared to a loss of $2.7 million during the same period in 2012. Net income for the first six months of 2013 rose to $7.3 million, reversring a loss of $6.1 million for the same period a year earlier. In yesterday’s announcement of its financial results for Q2 FR 2013, SiriusXM Canada reported a 10.8% increase in revenue in its second quarter of 2013 over the same period in 2012 to $70.7 million. Revenue for the first six months increased 10.0% to $139.6...