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UPDATE: DISH Posts Q3 Net Profit

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DISH Network (NASDAQ: DISH) posted a profit in the third quarter.

DISH swung to a net income of $315 million, or $0.68 per share, versus a year-ago loss of $158 million, or $0.35 per share.

Its revenue rose to $3.60 billion from $3.52 billion. However, analysts were projecting earnings of $0.45 per share on revenue of $3.59 billion.

DISH's total pay-TV customers increased by 35,000 in the period.

DISH shares closed at $47.50 yesterday.

Posted-In: profitEarnings News


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