DirecTV Q3 exceeds expectations
November 5, 2013
DirecTV added 139,000 US subscribers in the third quarter, against a year-ago gain of 67,000 as the satellite TV giant exceeded expectations for its latest financials
The company ended September with 20.16 million US customers.
It also added 260,000 net subscribers in Latin America, down from 543,000 in the year-ago period.
DirecTV, led by chairman and CEO Mike White, reported third-quarter earnings of $699 million, compared with $565 million in the year-ago period. Revenue rose 6 per cent to $7.88 billion.