Sirius XM Radio Inc. (SIRI) today announced a first-quarter loss of 7 cents per share, which was wider than the consensus estimate for a 3-cents loss.

Revenues for the provider of satellite radio service rose 5% to $605.5 million.

Meanwhile, the company boosted its full-year adjusted income guidance to more than $350 million, compared to earlier guidance of $300 million.

Analysts expect a loss of 12 cents per share for this year, but that has narrowed by 2 cents over the past 2 months.

Sirius XM, created by the merger of Sirius Satellite Radio and XM Satellite Radio, received a loan of $530 million earlier this year from Liberty Media Corp. to avoid a possible bankruptcy filing.

SIRI, a Zacks #3 Rank ("Hold") stock, has slipped more than 18% today on higher-than-usual volume of approximately 109 million, compared to average volume of about 64.7 million.

"SIRI" ...

JetBlue Airways Corporation provides passenger air transportation services in the United States. Founded in 1998, the Company has their headquarters in Forest Hills, New York. Trading on the NASDAQ, the Company created a new airline category, which they based on value, service, and style. JetBlue is America’s first and only airline to offer their proprietary Customer Bill of Rights. They promise meaningful and specific compensation for customers inconvenienced by service disruptions within the Company’s control.

The Company operates approximately 600 daily flights. They serve 51 destinations in 21 states, Puerto Rico, Mexico, and the Caribbean. They have a strong business operational presence in the Boston, Fort Lauderdale, Long Beach, New York, and Washington, D.C. markets. They have a fleet of 104 Airbus A320 aircraft and 30 EMBRAER 190 aircraft.

JetBlue has a reputation for low fares and they offer customers “Lots of Legroom” and super-spacious “Even More Legroom” seats. JetBlue

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