Dish loses 257,000 pay-TV subscribers in second quarter

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Dish loses 257,000 pay-TV subscribers in second quarter
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Dish Network Corp. undefined continued to shed subscribers as the telecommunications company posted a mixed earnings report for its second quarter. The...

Dish Network Corp. continued to shed subscribers as the telecommunications company posted a mixed earnings report for its second quarter. The company recorded net income of $523 million, or 82 cents a share, compared with net income of $671 million, or $1.06 a share, in the year-earlier quarter. Analysts were anticipating 65 cents a share in GAAP earnings. Revenue fell to $4.21 billion from $4.49 billion, while analysts had been expecting $4.24 billion.

continued to shed subscribers as the telecommunications company posted a mixed earnings report for its second quarter. The company recorded net income of $523 million, or 82 cents a share, compared with net income of $671 million, or $1.06 a share, in the year-earlier quarter. Analysts were anticipating 65 cents a share in GAAP earnings. Revenue fell to $4.21 billion from $4.49 billion, while analysts had been expecting $4.24 billion.

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