...is it my damn fool eyes that took away three zeros? Someone explain the figures, one being 1/100th of what's quoted on the front page.
(from page 35; 37 on the .pdf)
http://files.shareholder.com/downloads/SIRI/430112415x0xS1193125-09-49874/908937/filing.pdf
(I arrived at this paragraph by using the find function on the doc reader)
(from page 35; 37 on the .pdf)
Highlights for the Year Ended December 31, 2008 . Our revenue grew 18%, or by $378,132, in the year ended December 31, 2008. This revenue growth was driven by our 17% growth in average subscribers. This increase, combined with lower fixed costs, particularly in the fourth quarter, resulted in improved adjusted loss from operations of ($136,298) in 2008 versus ($565,452) in 2007, as increases in our variable costs were more than offset by decreases in other operating expenses. Total operating expenses, excluding restructuring, depreciation and share-based payment expense and a $27,500 one-time Merger related payment to a programming provider, decreased by 3%, or $78,522, during 2008.
http://files.shareholder.com/downloads/SIRI/430112415x0xS1193125-09-49874/908937/filing.pdf
(I arrived at this paragraph by using the find function on the doc reader)