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DISH Network Reports First Quarter 2016 Financial Results

ENGLEWOOD, Colo., Apr 20, 2016 (BUSINESS WIRE) -- DISH Network Corporation DISH, +1.76% today reported revenue totaling $3.79 billion for the quarter ending March 31, 2016, compared to $3.72 billion for the corresponding period in 2015. Subscriber-related revenue increased to $3.78 billion from $3.7 billion in the year-ago period.

Net income attributable to DISH Network totaled $389 million for the quarter ending March 31, 2016, compared to net income of $351 million from the year-ago quarter. Diluted earnings per share for the quarter ending March 31, 2016 were $0.84, compared with $0.76 during the same period in 2015.

DISH includes all of its Sling TV subscribers in the company’s total Pay-TV metrics, including in the Pay-TV subscriber, Pay-TV ARPU and Pay-TV churn rate numbers set forth below. Sling TV subscribers are reported net of disconnects in our gross new Pay-TV subscriber activations.