DISH Network (DISH) Misses Q1 EPS by 1c, Revenues In-Line

DISH Network (NASDAQ: DISH) reported Q1 EPS of $0.65, $0.01 worse than the analyst estimate of $0.66. Revenue for the quarter came in at $3.19 billion versus the consensus estimate of $3.19 billion.

• Net income attributable to DISH Network totaled $340 million for the quarter ending March 31, 2019, compared to net income of $368 million from the year-ago quarter. Diluted earnings per share for the quarter ending March 31, 2019 were $0.65, compared with $0.70 during the same period in 2018.
• The company closed the first quarter with 12.063 million total Pay-TV subscribers, including 9.639 million DISH TV subscribers and 2.424 million Sling TV subscribers.
• Net pay-TV subscribers declined approximately 259,000 subscribers in the first quarter, compared to a decline of approximately 94,000 in the first quarter 2018.

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

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