ENGLEWOOD, Colo., July 29, 2019 /PRNewswire/ -- DISH Network
Corporation (NASDAQ: DISH) today reported revenue totaling
$3.21 billion for the quarter ending
June 30, 2019, compared to
$3.46 billion for the corresponding
period in 2018.
Net income attributable to DISH Network totaled $317 million for the second quarter 2019,
compared to net income of $439
million from the year-ago quarter. Diluted earnings per
share for the quarter ending June 30,
2019 were $0.60, compared with
$0.83 during the same period in
2018.
The company closed the second quarter with 12.03 million total
Pay-TV subscribers, including 9.56 million DISH TV subscribers and
2.47 million Sling TV subscribers.
Net pay-TV subscribers declined approximately 31,000 subscribers
in the second quarter, compared to a decline of approximately
151,000 in the second quarter 2018.
Year-to-Date Review
DISH Network's first-half 2019
revenue totaled $6.40 billion, compared to $6.92
billion in revenue from the same period last year. In the
first six months of 2019, net income attributable to DISH Network
totaled $657 million, compared with $806
million during the same period last year.
Diluted earnings per share were $1.25 for the first
six months of 2019, compared with $1.53 during the same
period in 2018.
Detailed financial data and other information are available in
DISH Network's Form 10-Q for the quarter ended June 30, 2019 filed today with the Securities and
Exchange Commission.
DISH Network will host its second quarter 2019 financial results
conference call today at 4:30 p.m.
ET. Participant conference numbers: (866) 575-6539 (U.S.)
and (323) 994-2082, Conference ID: 4730608.
A webcast replay will be available today on DISH's Investor
Relations website, http://ir.dish.com, and will remain
available for 48 hours.
About DISH
DISH Network Corporation is a connectivity
company. Since 1980, it has served as a disruptive force, driving
innovation and value on behalf of consumers. Through its
subsidiaries, the company provides television entertainment and
award-winning technology to millions of customers with its
satellite DISH TV and streaming Sling TV services. Through its
strategic spectrum portfolio and other assets, DISH is poised to
enter the wireless market as a facilities-based provider of
wireless services with a nationwide consumer offering and
development of the first standalone 5G broadband network in the
U.S. DISH's OnTech Smart Services brand offers in-home installation
of connected home devices and entertainment solutions. DISH Media
serves as the company's advertising sales group delivering targeted
advertising solutions. DISH Network Corporation (NASDAQ: DISH) is a
Fortune 250 company.
For company information, visit about.dish.com
For more information on DISH TV, visit www.dish.com
For more information on Sling TV, visit www.sling.com
For more information on OnTech Smart Services, visit
www.ontechsmartservices.com
For more information on DISH Media, visit media.dish.com
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SOURCE DISH Network Corporation