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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- DISH Network Corporation (NASDAQ: DISH) reported a 40.7% year-on-year revenue growth to $4.56 billion for the fourth quarter of FY20, beating the consensus estimate of $4.42 billion.
- Net income rose 88.4% to $733 million, and EPS increased 79.7% to $1.24, exceeding the analyst estimate of $0.75.
- Net Pay-TV subscribers declined 133,000 in the quarter, versus a decline of 194,000 in the year-ago quarter. Retail wireless net subscribers reduced 363,000 in the quarter, against a reduction of 212,000 in the previous 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. Retail wireless subscribers stood at 9.06 million.
- Pay-TV ARPU (average revenue per user) rose 8.6% to $94.47. DISH TV churn rate reduced 120 basis points to 1.44%. DISH TV SAC (subscriber acquisition cost) reduced 0.95 to $842.
- Today, Morgan Stanley maintains Equal-Weight on DISH Network, raises the price target to $32.
- Price action: DISH shares are down marginally by 0.24% at $33.58 on the last check Monday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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