DISH Network (DISH) Tops Q4 EPS by 49c, Revenues Beat

DISH Network (NASDAQ: DISH) reported Q4 EPS of $1.24, $0.49 better than the analyst estimate of $0.75. Revenue for the quarter came in at $4.56 billion versus the consensus estimate of $4.42 billion.

• Revenue totaling $4.56 billion for the quarter ending December 31, 2020, compared to $3.24 billion for the corresponding period in 2019.
• Net income attributable to DISH Network totaled $733 million for the fourth quarter 2020, compared to $389 million from the year-ago quarter.
• Diluted earnings per share were $1.24 for the fourth quarter, compared to $0.69 per share during the same period in 2019.
• Pay-TVNet pay-TV subscribers decreased approximately 133,000 in the fourth quarter, compared to a decrease of approximately 194,000 in the year-ago quarter.
• The company closed the quarter with 11.29 million pay-TV subscribers, including 8.82 million DISH TV subscribers and 2.47 million SLING TV subscribers.
• WirelessRetail wireless net subscribers decreased by approximately 363,000 in the fourth quarter, compared to a net decrease of 212,000 in the third quarter.
• The company closed the quarter with 9.06 million retail wireless subscribers.

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

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