Dish Network Q3: Subs up, revenues down
November 2, 2022
DISH Network, the US pay-TV provider, has reported revenue totalling $4.10 billion (€4.1bn) for the quarter ending September 30th 2022, compared to $4.45 billion for the corresponding period in 2021.
Net income attributable to DISH Network totalled $412 million for the third quarter 2022, compared to $557 million for the year-ago quarter. Diluted earnings per share were $0.65 for the third quarter, compared to $0.88 per share during the same period in 2021.
Net pay-TV subscribers increased approximately 30,000 in the third quarter, compared to a net decrease of approximately 13,000 in the year-ago quarter.
The company closed the quarter with 10.02 million pay-TV subscribers, including 7.61 million DISH TV subscribers and 2.41 million SLING TV subscribers.
Retail wireless net subscribers increased by approximately 1,000 in the third quarter, compared to a net decrease of 121,000 in the year-ago quarter. The company closed the quarter with 8.01 million retail wireless subscribers.