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Dish Network Says Press “Exaggerated” Severity Of February Cyberattack; Shares Climb Despite Q1 Earnings Miss As Company Notes Plan To Explore Strategic Options

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deadline.com

Dish Network execs said the company has fully overcome last February’s cyberattack, describing press reports about the severity of the episode as “exaggerated.” Addressing Wall Street analysts on the company’s first-quarter earnings call, CEO Erik Carlson said customer databases were not breached in the hack, which largely hit the company’s legacy satellite TV operation.

Still, he noted, “certain employee-related records and a limited number of other records with personal information” were obtained by hackers.

By the time the quarter concluded on March 31, though, the financial impact had largely been minimized, the company maintains.

After CFO Paul Orban called the hack’s impact on revenue “immaterial,” analyst Walt Piecyk of Lightshed Partners pressed for details.

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