The numbers were some 38 per cent up on the same Q2 period last year (452,147) and means that the radio company has now added more than 1 million net new subs this year to date.
CEO Mel Karmazin told analysts that Sirius-XM was upgrading its official guidance to reflect this extra growth. Sirius-XM now expects subs growth this year to be around 1.6 million, and revenues to get close to $3.4 billion for the year.
“SiriusXM continues to demonstrate robust growth and strong operating execution despite a challenging economy. Our second quarter subscriber gains mark a record quarter of net additions since the merger of Sirius and XM in July 2008,” said Karmazin. “While we continue to be conservative in the face of a weak US economic outlook, customers continue to embrace our unparalleled programming lineup, allowing us to raise subscriber guidance for the second time this year,” Karmazin added.