DirecTV Posts Lower Loss

Discussion in 'DIRECTV General Discussion' started by James_F, Oct 14, 2002.

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  1. James_F

    James_F Damn you woman! DBSTalk Gold Club

    Apr 23, 2002
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    Hughes said its third-quarter net loss narrowed from a year earlier as its DirectTV satellite-television services added more subscribers. The company lowered its forecast for the full year.
    DirecTV posted a net loss of $13.6 million, compared to a loss of $227.2 million a year earlier. Its not looking good that they admited that their Churn rate was higher than expected as well as their latin american operations are still hurting.
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