DISH Network Reports First Quarter 2019 Financial Results

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  1. James Long

    James Long Ready for Uplink! Staff Member Super Moderator DBSTalk Club

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    DISH Network Reports First Quarter 2019 Financial Results | Dish

    ENGLEWOOD, Colo., May 3, 2019 /PRNewswire/ -- DISH Network Corporation (NASDAQ: DISH) today reported revenue totaling $3.19 billion for the quarter ending March 31, 2019, compared to $3.46 billion for the corresponding period in 2018.

    Net income attributable to DISH Network totaled $340 million for the quarter ending March 31, 2019, compared to net income of $368 million from the year-ago quarter. Diluted earnings per share for the quarter ending March 31, 2019 were $0.65, compared with $0.70 during the same period in 2018.

    The company closed the first quarter with 12.063 million total Pay-TV subscribers, including 9.639 million DISH TV subscribers and 2.424 million Sling TV subscribers.

    Net pay-TV subscribers declined approximately 259,000 subscribers in the first quarter, compared to a decline of approximately 94,000 in the first quarter 2018.

    Detailed financial data and other information are available in DISH Network's Form 10-Q for the quarter ended March 31, 2019, filed today with the Securities and Exchange Commission.

    Details: 10-Q
     

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