DISH Network (DISH) Tops Q3 EPS by 4c

DISH Network (NASDAQ: DISH) reported Q3 EPS of $0.42, $0.04 better than the analyst estimate of $0.38. Revenue for the quarter came in at $3.73 billion versus the consensus estimate of $3.79 billion.

In the third quarter, DISH activated approximately 751,000 gross new Pay-TV subscribers, compared to approximately 691,000 gross new Pay-TV subscribers in the prior year’s third quarter. Net Pay-TV subscribers declined approximately 23,000 in the third quarter, compared to a loss of approximately 12,000 in the third quarter 2014.

The company closed the third quarter with 13.909 million Pay-TV subscribers, compared to 14.041 million Pay-TV subscribers at the end of third quarter 2014.

Pay-TV ARPU for the third quarter totaled $86.33, compared to the year-ago period’s Pay-TV ARPU of $84.39. Pay-TV subscriber churn rate was 1.86 percent versus 1.67 percent for third quarter 2014.

DISH added approximately 13,000 net broadband subscribers in the third quarter, bringing its broadband subscriber base to approximately 608,000.

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

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