DirecTV (DTV) Tops Q1 EPS by 13c; Surpasses 38 Million Total Subscribers

DirecTV (NASDAQ: DTV) reported Q1 EPS of $1.63, $0.13 better than the analyst estimate of $1.50. Revenue for the quarter came in at $7.86 billion versus the consensus estimate of $7.91 billion. DIRECTV Surpasses 38 Million Total Subscribers in the Quarter.

“Our first quarter results continue to demonstrate the strong execution of our operations,” said Mike White, president and CEO of DIRECTV. “In the U.S., operating profit before depreciation and amortization margin expanded year-over-year for the third consecutive quarter, highlighting our commitment to profitably grow our businesses through significantly improving the customer service experience, disciplined expense management and productivity initiatives. In Latin America, despite challenging macroeconomic headwinds, we continue to profitably expand our share of the growing pay TV market while delivering adjusted OPBDA margin of 30%. In addition, by leveraging the achievements of both DIRECTV U.S. and DIRECTV Latin America with the strength and stability of our cash flow, we continue to return cash to shareholders through stock repurchases at an industry leading clip.”

For earnings history and earnings-related data on DirecTV (DTV) click here.

You May Also Be Interested In

• Blackhawk Network (HAWK) Reports Q2 Loss of $0.07; Offers Guidance
• Birchtech Corp. (BCHT) Misses Q2 EPS by 7c
• Cineverse Corp (CNVS) Misses Q1 EPS by 20c; Offers Guidance