UPDATE: Dish Network Posts Upbeat Q4 Profit

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Dish Network Corp
DISH
posted a 24% rise in its fourth-quarter earnings. Dish Network added 22,000 net subscribers in the recent quarter. Dish Network's quarterly profit surged to $313 million, or $0.70 per share, from $252 million, or $0.56 per share, in the year-ago period. Its revenue surged 13% to $3.63 billion. However, analysts were expecting earnings of $0.61 per share on revenue of $3.62 billion. Dish Network shares surged 9.02% to $31.79 in pre-market trading.
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Posted In: EarningsNewsEarnings
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