Dish Adds 148K Net Pay-TV Subs in Q3
ENGLEWOOD, Colo. -- DISH Network Corporation (NASDAQ: DISH) today reported revenue totaling $3.17 billion for the quarter ending September 30, 2019, 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.
DISH Network's 2019 year-to-date revenue totaled $9.57 billion, compared to $10.31 billion in revenue from the same period last year. In the first nine months of 2019, net income attributable to DISH Network totaled $1.01 billion, compared with $1.24 billion during the same period last year.
Diluted earnings per share were $1.91 for the first nine months of 2019, compared with $2.35 during the same period in 2018.