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Guest Message by DevFuse

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DirecTV's Q12007 Results and WebCast


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65 replies to this topic

#1 OFFLINE   Earl Bonovich

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Posted 09 May 2007 - 07:46 AM

The DIRECTV Group Announces First Quarter 2007 Results

-- Net Subscriber Additions of 235,000 Driven by an Increase in Gross Additions and the Lowest Monthly Churn Rate in 3 Years of 1.44%

-- Revenues Increase 11% to Over $3.5 Billion Fueled by a 5.2% Increase in Average Monthly Revenue Per Subscriber (ARPU) to $73.40

EL SEGUNDO, Calif.--(BUSINESS WIRE)--May 9, 2007--The DIRECTV Group, Inc. (NYSE:DTV) today reported that first quarter revenues increased 15% to $3.91 billion and operating profit before depreciation and amortization(1) increased 54% to $930 million compared to last year's first quarter. The DIRECTV Group reported that first quarter 2007 operating profit increased 44% and net income increased 43% to $563 million and $336 million, respectively, when compared to the same period last year. Earnings per share were $0.27 compared with $0.17 in the same period last year.

....


See the rest of the announcement at: DirecTV Investor Relations

----------------------------------------------------

DIRECTV Announces Conference Call and Webcast for First Quarter 2007 Financial Results and Outlook

Date: Wednesday, May 9th, 2007
Time: 11:00 a.m. PT/2:00 p.m. ET
Webcast: www.directv.com/investor
Host: Jon Rubin, Vice President DIRECTV Investor Relations


See the rest of the announcement at: DirecTV Investor Relations

...Ads Help To Support This SIte...

#2 OFFLINE   jcrandall

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Posted 09 May 2007 - 08:06 AM

Wow, lowest churn in 3 years, good profits growth. Guess the 'futuristic' ads are working. I would imagine that 2008 Q1 will be very special with their HD growth plans.

#3 OFFLINE   Earl Bonovich

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Posted 09 May 2007 - 08:38 AM

Wow, lowest churn in 3 years, good profits growth. Guess the 'futuristic' ads are working. I would imagine that 2008 Q1 will be very special with their HD growth plans.


But I thought the change from TiVo was going to be the end of DirecTV?
Or was it the lack of HD?
Or was it the introduction of the Lease?
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All comments are my own. Unless specifically stated, my views do NOT represent the views of DIRECTV

#4 OFFLINE   mhayes70

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Posted 09 May 2007 - 08:45 AM

But I thought the change from TiVo was going to be the end of DirecTV?
Or was it the lack of HD?
Or was it the introduction of the Lease?


:lol: It's always going to be something that is the end of Directv.

#5 OFFLINE   harsh

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Posted 09 May 2007 - 09:21 AM

Or was it the introduction of the Lease?

The lease is surely a big reason that the churn has dropped. Having many customers bound to commitments is going to have that kind of effect. What happens when these people are freed is the other shoe. It is notable that the churn numbers from Q1 2006 were 1.45%, so this may not be a huge win in the context of a more "committed" customer base.

In wonder if these numbers are apples to apples with last year's numbers. I notice the inclusion of the "before depreciation and amortization" caveat which will likely reduce some key number; especially in view of the increased leased receiver inventory.

The ARPU number reflects the importance of NFL ST on revenues. The Q4 2006 ARPU was 10% higher at $80.70

The Echostar Q1 2007 report comes out tomorrow for perspective.

#6 OFFLINE   sorahl

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Posted 09 May 2007 - 09:34 AM

But I thought the change from TiVo was going to be the end of DirecTV?
Or was it the lack of HD?
Or was it the introduction of the Lease?


It was Pinky!!!!! Pinky saved DirecTV and now they killed him!!!
DirecTV HR21-100
DirecTV HR20-700 x2
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#7 ONLINE   say-what

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Posted 09 May 2007 - 09:44 AM

The lease is surely a big reason that the churn has dropped. Having many customers bound to commitments is going to have that kind of effect.

The commitments existed long before D* switched to leasing, so there goes that theory.

#8 OFFLINE   Herdfan

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Posted 09 May 2007 - 09:54 AM

The commitments existed long before D* switched to leasing, so there goes that theory.


Not really. Before all you had to do was pay a pro-rated $150/300 to leave. Now you have to either ship back receivers or pay a much higher fee.

So someone half way into a 2-year commitment with an HD DVR that was looking at a $150 penalty to make a clean break ( an amount that many cable companies will refund in service credits), now has the $150 plus either having to ship back their receiver and hope D* gets it or have something like $500 charged to their credit card.

My Setup

 

Why can I get to the "Adult's Only" area faster than I can get to the "ToDo" List?  DirecTV, that is messed up!!!


#9 OFFLINE   Mark20

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Posted 09 May 2007 - 10:22 AM

But doesn't D* send a pre-paid recovery kit? So the biggest effort is stopping at a UPS or FedEx (or whatever) shipping place if you can't drop it in the pick-up pile at your work.
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#10 OFFLINE   jackmacokc

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Posted 09 May 2007 - 10:23 AM

But I thought the change from TiVo was going to be the end of DirecTV?
Or was it the lack of HD?
Or was it the introduction of the Lease?


Joking aside, I think you're right on earl. Just goes to show how despite the "issues" people want good TV..and theres no doubt DirecTV is the best.

Evan the die hard TiVo fanboys are starting to use the HR20...I know, because I'm one of them. :grin:

#11 OFFLINE   mobbo

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Posted 09 May 2007 - 11:13 AM

Hmmm... wonder if buying stock is a good idea before the big HD lineup comes out. I know no cable provider in my area is going to match them, if they pull through that is.

#12 OFFLINE   topcats69

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Posted 09 May 2007 - 11:57 AM

But doesn't D* send a pre-paid recovery kit? So the biggest effort is stopping at a UPS or FedEx (or whatever) shipping place if you can't drop it in the pick-up pile at your work.


Don't even have to that just call the 800 number and fedex will pick up at your door. very simple I just did that on a box.

#13 OFFLINE   MikeR7

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Posted 09 May 2007 - 12:13 PM

They said the actual cost of an HR20 is now $400, but it will be coming down by $100 due to efficiencies being gained later in the year.

#14 OFFLINE   Earl Bonovich

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Posted 09 May 2007 - 12:17 PM

Did I just hear correctly, that they are planning 75 more HD Local markets by Years end?
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All comments are my own. Unless specifically stated, my views do NOT represent the views of DIRECTV

#15 OFFLINE   morbid_fun

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Posted 09 May 2007 - 12:19 PM

Did I just hear correctly, that they are planning 75 more HD Local markets by Years end?


No, they are targeting a total of 75 markets. That is, at least, what I heard.

#16 OFFLINE   MikeR7

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Posted 09 May 2007 - 12:19 PM

yes, planning targeting, what's the diff

#17 OFFLINE   Earl Bonovich

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Posted 09 May 2007 - 12:21 PM

Did I just hear correctly, that they are planning 75 more HD Local markets by Years end?


No, they are targeting a total of 75 markets. That is, at least, what I heard.


yes


Guess we will have to wait for the archived version to play it back.
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#18 OFFLINE   morbid_fun

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Posted 09 May 2007 - 12:22 PM

Guess we will have to wait for the archived version to play it back.


How many markets do they have now?

#19 OFFLINE   Earl Bonovich

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Posted 09 May 2007 - 12:25 PM

How many markets do they have now?


59
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#20 OFFLINE   Earl Bonovich

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Posted 09 May 2007 - 12:25 PM

MRV was just hinted at.
Earl - Gotta Love Karma

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All comments are my own. Unless specifically stated, my views do NOT represent the views of DIRECTV




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