DISH Network Reports First Quarter 2014 Financial Results

[Slamminc11]

DISH Network Reports First Quarter 2014 Financial Results

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- DISH Network Corporation (NASDAQ: DISH) today reported revenue totaling $3.59 billion for the quarter ending March 31, 2014, compared to $3.38 billion for the corresponding period in 2013.

Net income attributable to DISH Network totaled $176 million for the quarter ending March 31, 2014, compared to $216 million from the year-ago quarter.

DISH activated approximately 639,000 gross new pay-TV subscribers compared to approximately 654,000 gross new pay-TV subscribers in the prior year's first quarter. Net subscribers grew by approximately 40,000 in the first quarter. The company closed the first quarter with 14.097 million pay-TV subscribers compared to 14.092 million pay-TV subscribers at the end of first quarter 2013.

Pay-TV ARPU for the first quarter totaled $82.36, an improvement over the first quarter 2013 pay-TV ARPU of $78.44. Pay-TV subscriber churn rate was 1.42 percent versus 1.47 percent for first quarter 2013.

DISH added approximately 53,000 net broadband subscribers in the first quarter, bringing its broadband subscriber base to approximately 489,000.

 

[MikeD-C05]

Well 40,000 is better than losing subs. I can remember back in the day (about 12 years ago), when they would add like 1.5 million subs a quarter. But those days are over since satellite is a mature industry in decline now.

 

[satjay]

Well 40,000 is better than losing subs. I can remember back in the day (about 12 years ago), when they would add like 1.5 million subs a quarter. But those days are over since satellite is a mature industry in decline now.

I would agree a plus in today's environment is a good thing

Sent from my iPhone using SatelliteGuys

 

[mike123abc]

I am surprised they have so many satellite (internet) subs...

 

[MikeD-C05]

I am surprised they have so many satellite (internet) subs...

There are a lot of people that live in rural country areas with no choice but Satellite for internet. Bundle that with your sat tv bill and you can see that satellite tv is the choice of most country folks.