UPDATE: DirecTV Q3 Profit Rises 24%
DirecTV (NASDAQ: DTV) reported a 24% rise in its third-quarter profit.
DirecTV's quarterly profit surged to $699 million, or $1.28 per share, from $565 million, or $0.90 per share, in the year-earlier period.
Its revenue climbed 6.3% to $7.88 billion. However, analysts were expecting earnings of $1.01 per share on revenue of $7.84 billion.
DirecTV shares closed at $64.37 yesterday.
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