Dish video losses narrow to 194K in Q4 2019 versus a loss of 334K a year earlier
ENGLEWOOD, Colo. – 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.