Sirius XM Radio Inc (NASDAQ:SIRI) said it added 715,000 net new subscribers in the second quarter, raising its total subscribers to more than 25 million.Amid the improvement, the satellite-radio operator boosted its full-year outlook for total net subscriber additions to 1.5 million from its previous view of 1.4 million.
Sirius XM Radio Inc (NASDAQ:SIRI) has been benefiting from strong subscriber revenue growth, and said Tuesday that improved automotive sales helped drive 15% growth in net additions over the second quarter.
Goldman Raises Sirius XM...
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