Photo: Wikipedia

Photo: Wikipedia

Dish Network reported its Third Quarter (Q3) 2019 revenue, which totaled $3.17 billion, an approximately 6.8 percent decline compared to $3.40 billion for the corresponding period in 2018. Net income attributable to Dish Network totaled $353 million for the third quarter 2019, compared to net income of $432 million from the year-ago quarter. Diluted earnings per share for the quarter ending September 30, 2019 were $0.66, compared with $0.82 during the same period in 2018.

The company closed the third quarter with 12.18 million total Pay-TV subscribers, including 9.49 million Dish TV subscribers and 2.69 million Sling TV subscribers. Net pay-TV subscribers increased approximately 148,000 subscribers in the third quarter, compared to a decline of approximately 341,000 in the third quarter 2018.

Since Dish saw Pay-TV subscribers increase in Q3 2019, this was an improvement from Second Quarter (Q2) 2019, in which Dish Network saw both revenues and Pay-TV subscribers decline. Additionally, Dish CEO Charlie Ergen recently spoke to Via Satellite about his plans for 5G.

Stay connected and get ahead with the leading source of industry intel!

Subscribe Now