DISH Network Reports Fourth Quarter, Year-End 2019 Financial Results

Discussion in 'General DISH™ Discussion' started by James Long, Feb 19, 2020.

  1. James Long

    James Long Ready for Uplink! Staff Member Super Moderator

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    DISH Network Reports Fourth Quarter, Year-End 2019 Financial Results

    ENGLEWOOD, Colo., Feb. 19, 2020 /PRNewswire/ -- DISH Network Corporation (NASDAQ: DISH) reported revenue totaling $3.24 billion for the quarter ending December 31, 2019, compared to $3.31 billion for the corresponding period in 2018.

    Net income attributable to DISH Network totaled $389 million for the fourth quarter 2019, compared to $337 million from the year-ago quarter. Diluted earnings per share were $0.69 for the fourth quarter, compared to $0.64 per share during the same period of 2018.

    The company closed the fourth quarter with 11.99 million Pay-TV subscribers, including 9.40 million DISH TV subscribers and 2.59 million Sling TV subscribers.

    Net Pay-TV subscribers decreased by approximately 194,000 in the fourth quarter, compared to a net decrease of 334,000 in the year-ago quarter.

    Full-Year 2019 Review

    For the year, DISH reported 2019 total revenue of $12.81 billion, compared to $13.62 billion in 2018.

    Net income attributable to DISH Network in 2019 was $1.40 billion, compared to $1.58 billion in 2018. Diluted earnings per share were $2.60 in 2019, compared to $3.00 in 2018.
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  2. mwdxer

    mwdxer Well-Known Member

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    It looks like Dish is still holding their own with nearly 12 million subs for both Dish/Sling. I doubt they are going anywhere soon. AT&T (Direct TV) has lost a lot more. Their rates are so much higher. For about $100 a month, I feel I get a good amount of programming for the money. I looked and I cannot find anything close for the money. I have been with Dish since 1999 and I have few complaints.
     
    tcpuccio1 likes this.

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