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DISH DISH Network Corporation

5.77
0.00 (0.00%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
DISH Network Corporation NASDAQ:DISH NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 5.77 5.75 5.79 0 01:00:00

Dish Network 1Q Profit Drops, Falls In-Line With Expectations

03/05/2019 12:18pm

Dow Jones News


DISH Network (NASDAQ:DISH)
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From May 2019 to May 2024

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By Kimberly Chin

 

Dish Network Corp. (DISH) said profit fell 7.6% for the first quarter as the company reported slightly lower subscriber-related revenue and higher expenses.

The company said profit was $339.8 million, or 65 cents a share, down from $367.6 million, or 70 cents a share a year ago. Analysts polled by Refinitiv were expecting earnings of 65 cents a share.

Dish said revenue fell about 7.8% to $3.19 billion from a year ago, in line with analysts' expectations.

The company had 12.1 million total Pay-TV subscribers, including 9.6 million Dish TV subscribers and 2.4 million Sling TV subscribers.

Net pay-TV subscribers dropped about 259,000 subscribers in the quarter. It had lost 94,000 subscribers in the same quarter last year.

 

Write to Kimberly Chin at kimberly.chin@wsj.com

 

(END) Dow Jones Newswires

May 03, 2019 07:03 ET (11:03 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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