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DISH Network (DISH) Q2 Earnings & Revenues Beat Estimates

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DISH Network (DISH - Free Report) is a leading satellite TV operator in the U.S. The company provides video services under the DISH brand. In addition, the company provides satellite broadband services, and wireline voice and broadband services under the dishNET brand.

DISH Network offers more than 150 national HD channels, local HD channels in 152 markets, and the top-rated 1080 technology that provides the best picture available.

Additionally, customers have access to international programming in the U.S., including over 175 channels in more than 28 languages along with one of the largest Spanish-language channel line-ups.

Zacks Rank: Currently, DISH has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

However, that could change following DISH’s second-quarter 2018 earnings report which has just released.

We have highlighted some of the key details from the just-released announcement below:

Earnings: DISH reported earnings of 83 cents per share, which beat the Zacks Consensus Estimate of 69 cents.

Revenues: Revenues of $3.46 billion beat the Zacks Consensus Estimate but declined almost 5% year over year.

Key Stats: DISH exited the quarter with 10.653 million DISH TV subscribers and 2.344 million Sling TV subscribers.

Stock Price: Share price increased 3.8% in the pre-market trading session.
 

 

Check back later for our full write up on this DISH earnings report later!

 

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