DISH Network Q1 Earnings & Revenues Miss Estimates

DISH Network (DISH – Free Report) is a leading satellite TV operator in the U.S. The company provides video services under the DISH brand. In addition, the company provides satellite broadband services and wireline voice and broadband services under the dishNET brand.

DISH Network offers more than 150 national HD channels, local HD channels in 152 markets, and the top-rated 1080 technology that provides the best picture available.

Additionally, customers have access to international programming in the U.S., including over 175 channels in more than 28 languages along with one of the largest Spanish-language channel line-ups.

Zacks Rank: Currently, DISH has a Zacks Rank #3 (Hold). 

However, that could change following DISH’s first-quarter 2018 earnings report which has just released.

We have highlighted some of the key details from the just-released announcement below:

Earnings: DISH reported earnings of 70 cents per share, which missed the Zacks Consensus Estimate by couple of cents.

Revenues: Revenues of $3.46 billion also lagged the Zacks Consensus Estimate and declined almost 6% year over year.

Key Stats: DISH exited the quarter with 10.845 million DISH TV subscribers and 2.303 million Sling TV subscribers.

Stock Price: Stock price did not show any movement in the pre-market trading session.

DISH Network Corporation Price

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