Sirius Reports Fourth-Quarter Loss

Sirius Satellite Radio Inc. posted a fourth-quarter loss and said 2005 sales would fall short of analysts’ average targets.

The company had a net loss of $261.9 million, or 21 cents a share, wider than its loss of $147.8 million, or 14 cents, a year earlier. Sales surged to $25.22 million from $5 million but fell short of analysts’ estimate.