DISH Network Corp. (DISH) Posts Q2 Loss of 2c/Share

DISH Network Corp. (NASDAQ: DISH) reported Q2 EPS of ($0.02), which may not compare with the analyst estimate of $0.54. Revenue for the quarter came in at $3.61 billion versus the consensus estimate of $3.65 billion.

Pay-TV ARPU for the second quarter totaled $80.90 compared to the year-ago period’s pay-TV ARPU of $77.59. Pay-TV subscriber churn rate increased to 1.67 percent versus 1.60 percent for second quarter 2012, impacted by DISH’s first programming package price increase in two years.

DISH added approximately 624,000 gross new pay-TV subscribers compared to approximately 665,000 gross new pay-TV subscribers in the prior year’s second quarter. Total subscribers declined approximately 78,000 in the second quarter. The company ended the second quarter with 14.014 million pay-TV subscribers compared to 14.061 million pay-TV subscribers at the end of second quarter 2012.

For earnings history and earnings-related data on DISH Network Corp. (DISH) click here.

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