SIRIUS Satellite Radio (NASDAQ : SIRI) announced their 3rd quarter earnings report on Wednesday. In the report it showed that their net loss had decreased and their revenue more than doubled. Revenue doubled on strong subscriber growth during the quarter. During the 3rd quarter their net increase in subscribers was 441,000 to bring their total to 5.1 million. They maintained that their yearend forecast is 6.3 million subscribers. This is an excellent growth rate but the losses continued due to spending on new technology, and entertainment. Deals with Howard Stern, and the NFL are likely to bring in a lot of subscribers but they are also costly. During the morning trading the stock was up 2.44% to 4.19 and seemed to be rising.