DISH Network Corp. (DISH) Posts Q1 EPS of 38c

DISH Network Corp. (NASDAQ: DISH) reported Q1 EPS of $0.38, which may not compare with the analyst estimate of $0.43. Revenue for the quarter came in at $3.59 billion versus the consensus estimate of $3.58 billion.

DISH activated approximately 639,000 gross new pay-TV subscribers compared to approximately 654,000 gross new pay-TV subscribers in the prior year’s first quarter. Net subscribers grew by approximately 40,000 in the first quarter. The company closed the first quarter with 14.097 million pay-TV subscribers compared to 14.092 million pay-TV subscribers at the end of first quarter 2013.

Pay-TV ARPU for the first quarter totaled $82.36, an improvement over the first quarter 2013 pay-TV ARPU of $78.44. Pay-TV subscriber churn rate was 1.42 percent versus 1.47 percent for first quarter 2013.

DISH added approximately 53,000 net broadband subscribers in the first quarter, bringing its broadband subscriber base to approximately 489,000.

Detailed financial data and other information are available in DISH Network's Form 10-Q for the quarter ended March 31, 2014, filed today with the Securities and Exchange Commission.

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

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Hydrofarm Holdings Group, Inc. (HYFM) Misses Q2 EPS by 134c
• Newton Golf Company (NWTG) Reports Q2 Loss of $0.49