Satellite broadcaster Dish Network posted profit and revenue gains for last quarter, beating Wall Street estimates and seeing its stock pop more than 3% in early trade.Revenue totaling $4.6 billion for the quarter, u from $3.24 billion the year before.
Diluted earnings per share came in at $1.24 for the fourth quarter, compared to $0.69. Net income was $733 million versus $389 million from the year-ago quarter.Net pay-TV subscribers decreased approximately 133,000 in the fourth quarter – narrowed compared to a decrease of approximately 194,000 in the year-ago quarter.The company closed the quarter with 11.29 million pay-TV subscribers, including 8.82 million Dish TV subscribers and 2.47 million Sling TV subscribers.
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