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DISH Network Reports Mixed Q3

  • DISH earned $0.64 per share which fell $0.04 short of estimates.
  • Revenue of $3.75 billion represents a small beat.
  • Net income for the quarter rose to $307 million from $196 million a year ago.
  • DISH activated 736,000 gross new Pay-TV subscribers in the quarter compared to 751,000 a year ago.
  • Net Pay-TV subscribers declined by 116,000 in the the quarter.
  • DISH lost around 20,000 net broadband subscribers in the quarter.
  • The stock was up about 4.2 percent at $59.04 in the pre-market session.

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