Dish Network Posts 111,000 Subs Decline for Third Quarter

Dish Network on Monday reported customer deficits and fewer strong-than-expected financials due to its latest quarter. The satellite tv giant, introduced by chairman Charles Ergen, recorded a 111,000 customer decline inside the third quarter. The season-ago period saw a 29,000 loss. Experts had normally expected a sub drop near to 80,000. Dish ended September with 13.95 million clients. The business also released a thirty percent third-quarter earnings improvement to $319.millions of, nevertheless the figure missed Wall Street anticipation. Revenue rose 12.three percent to $3.6 billion. Dish's stock rose four percent noisy . purchasing and selling as experts mentioned some traders had feared sub deficits as high as the 150,000 range. Email: Georg.Szalai@thr.com Twitter: @georgszalai Related Subjects Dish Network