SiriusXM expects 2013 revenue to exceed $3.7 billion

Wed Jan 9, 2013 11:22am EST
 
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(Reuters) - Satellite radio company Sirius XM Radio said it estimated 2013 revenue to be more than $3.7 billion.

Analysts were expecting $3.82 billion, according to Thomson Reuters I/B/E/S.

It also expects to add a net 1.4 million subscribers during the year. The company said it added 2 million subscribers in 2012, taking the total to 23.9 million.

(Reporting by Neha Alawadhi in Bangalore; Editing by Sreejiraj Eluvangal)