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DISH Network (DISH) Misses Q3 EPS by 8c

November 4, 2014 6:07 AM EST

DISH Network (NASDAQ: DISH) reported Q3 EPS of $0.31, $0.08 worse than the analyst estimate of $0.39. Revenue for the quarter came in at $3.68 billion versus the consensus estimate of $3.69 billion.

Pay-TV ARPU for the third quarter totaled $84.39, compared to the year-ago period’s pay-TV ARPU of $80.98. Pay-TV subscriber churn rate increased slightly to 1.67 percent versus 1.66 percent for third quarter 2013.

Total pay-TV customers decreased by approximately 12,000 in the quarter. DISH closed the third quarter with 14.041 million pay-TV subscribers, compared to 14.049 million pay-TV subscribers at the end of third quarter 2013. DISH activated approximately 691,000 gross new pay-TV subscribers, compared to approximately 734,000 gross new pay-TV subscribers in the prior year’s third quarter.

DISH added approximately 28,000 net broadband subscribers in the third quarter, bringing its broadband subscriber base to approximately 553,000. DISH added approximately 75,000 net broadband subscribers in the third quarter 2013.

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



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