SiriusXM Canada growing, wringing costs out

TORONTO - Canadian Satellite Radio Holdings (a.k.a. SiriusXM Canada) announced Thursday the company has managed to surpass 2.2 million subscribers while it finding $20 million in cost synergies for the fiscal year ended August 31, 2012. The company also recorded annual revenue of $259.6 million, adjusted annual EBITDA of $46.6 million, up 75.6%, and free cash flow of $36.6 million, up 751% year-over-year, says the company’s press release. The company has not yet hit profitability, however. Net loss came in at $4.2 million, much better than 2011’s $17.3 million loss. "In fiscal 2012, we delivered significant growth in all of...