Dish quarterly profit falls

Dish Network has reported that first-quarter profit declined as increased operational and legal costs overshadowed a rise in subscribers.

Net income fell to $230.9 million from $312.7 million a year earlier. Revenue rose 5.2 per cent to $3.06 billion. Dish added 237,000 net new subscribers in the quarter. DirecTV said last week that it had added 321,000 subscribers.

Posted by on May 11 2010. Filed under Articles, Business, Results.

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