DISH Network (DISH) Misses Q2 EPS, Sales Light

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DISH Network Reports Second Quarter 2017 Financial Results

August 3, 2017 6:02 AM EDT

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- DISH Network Corp. (NASDAQ: DISH) today reported revenue totaling $3.64 billion for the quarter ending June 30, 2017, compared to $3.86 billion for the corresponding period in 2016. Subscriber-related revenue for the quarter totaled $3.61 billion, compared to $3.83 billion in subscriber-related revenue for the year-ago period.

Net income attributable to DISH Network totaled $40 million for the second quarter 2017, compared to net income of $424 million from the year-ago quarter. DISHs net income for the second quarter was negatively impacted by litigation expenses, net of related taxes, of $280 million.

Diluted earnings per share for the quarter ending... More