Sirius XM Radio, the largest U.S. satellite radio provider, said it expects to increase the number of subscribers by about 6 percent in 2013 and raise its revenue by about 12 percent compared to its estimate for 2012.Analysts expect the company, which is being taken over by Liberty Media Corp, to report $3.82 billion in revenue for 2013, according to Thomson Reuters I/B/E/S.The satellite radio operator said its 2012 results are likely to meet or exceed its earlier outlook. In October, it had forecast $3.3 billion in revenue for 2012 and about $700 million of free cash flow.Sirius said it added 2 million subscribers in 2012, taking the total to 23.9 million. It had forecast a net subscriber addition of 1.8 million for the year.
Sirius XM Radio Inc. broadcasts its music, sports, entertainment, comedy, talk, news, traffic and weather channels in the United States on a subscription fee basis through its two satellite radio systems. Shares of SIRI fell by 0.32% or $-0.01/share to $3.13. In the past year, the shares have traded as low as $1.78 and as high as $3.15. On average, 76504304 shares of SIRI exchange hands on a given day and today's volume is recorded at 44714124.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.15% or $-0.045/share to $29.38. In the past year, the shares have traded as low as $26.20 and as high as $30.66. On average, 745987 shares of TRI exchange hands on a given day and today's volume is recorded at 227352.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.24% or $-0.07/share to $28.98. In the past year, the shares have traded as low as $26.47 and as high as $30.25. On average, 885710 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 129285.
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