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Dish Network sees drops in revenue, income and subscribers in Q1

on May 1, 2017 | 0 comments

By Lisa Lacy

Direct broadcast satellite service provider Dish Network reported revenue of $3.68bn for the first quarter of 2017, which is down from $3.83bn in Q1 2016.

In a press release, Dish said subscriber-related revenue for the quarter was $3.64bn, which was also down from $3.78bn in the same period in 2016.

Net income attributable to Dish was $376m for the quarter versus $400m from the year-ago quarter. Diluted earnings per share also saw a drop to $0.76, compared with $0.86 the first quarter of 2016.

Dish said it activated approximately 547,000 new pay TV subscribers in the first quarter of Read full story ›

Source: The Drum