DISH Network Q1 revenues up, subs down
April 29, 2021
DISH Network, the US pay-TV provider, has reported Q1 revenue totalling $4.5 billion (€3.7bn) for the quarter ending March 31st 2021, compared to $3.22 billion for the corresponding period in 2020.
Net income attributable to DISH Network totalled $630 million for the first quarter 2021, compared to $73 million from the year-ago quarter.
Diluted earnings per share were $0.99 for the first quarter, compared to $0.13 per share during the same period of 2020.
Pay-TV
Net pay-TV subscribers decreased approximately 230,000 in the first quarter, compared to a net decrease of approximately 413,000 in the year-ago quarter.
The company closed the quarter with 11.06 pay-TV subscribers, including 8.69 million DISH TV subscribers and 2.37 million SLING TV subscribers.
Wireless
Retail wireless net subscribers decreased by approximately 161,000 in the first quarter, compared to a net decrease of 363,000 in the fourth quarter.
The company closed the quarter with 8.89 million retail wireless subscribers.