Stock Market Alerts - XMSR Down Slightly After Earnings

Posted on Monday 26 February 2007



Stock Market Alert - XMSR traded down slightly on Monday, dropping over 1% to close the regular session at $14.93 after the company reported their Q4 earnings. The company reported a loss of 90 cents per share on revenues of $257.1 million dollars. Earnings came in worse than expected, with analysts expecting a loss of just 71 cents per share, though revenues came in better than expected. XMSR is currently in the midst of trying to get their merger with SIRI pushed through, with a hoped-for closing date of end of 2007.



Sorry, the comment form is closed at this time.