DISH Network (DISH) Tops Q3 EPS by 5c, Revenues Beat

DISH Network (NASDAQ: DISH) reported Q3 EPS of $0.66, $0.05 better than the analyst estimate of $0.61. Revenue for the quarter came in at $3.17 billion versus the consensus estimate of $3.16 billion.

• Reported revenue totaling $3.17 billion for the quarter ending September 30, 2019, compared to $3.40 billion for the corresponding period in 2018.
• Net income attributable to DISH Network totaled $353 million for the third quarter 2019, compared to net income of $432 million from the year-ago quarter. Diluted earnings per share for the quarter ending September 30, 2019 were $0.66, compared with $0.82 during the same period in 2018.
• The company closed the third quarter with 12.18 million total Pay-TV subscribers, including 9.49 million DISH TV subscribers and 2.69 million Sling TV subscribers.
• Net pay-TV subscribers increased approximately 148,000 subscribers in the third quarter, compared to a decline of approximately 341,000 in the third quarter 2018.

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

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