DISH Network Corp (NASDAQ: DISH) came out with first-quarter figures Friday.
The Engelwood, Colorado-based company reported revenue totaling $3.19 billion for the quarter ending March 31, 2019, compared to $3.46 billion for the corresponding period in 2018.
Net income attributable to DISH Network totaled $340 million for the quarter ending March 31, 2019, compared to net income of $368 millionfrom the year-ago quarter. Diluted earnings per share for the quarter ending March 31, 2019 were $0.65, compared with $0.70 during the same period in 2018.
The company closed the first quarter with 12.063 million total Pay-TV subscribers, including 9.639 million DISH TV subscribers and 2.424 million Sling TV subscribers.
Net pay-TV subscribers declined approximately 259,000 subscribers in the first quarter, compared to a decline of approximately 94,000 in the first quarter 2018.
DISH Network Corporation is a connectivity company. Since 1980, DISH has served as the disruptive force in the pay-TV industry, driving innovation and value on behalf of consumers. Through its subsidiaries, the company provides television entertainment and award-winning technology to millions of customers with its satellite DISH TV and streaming Sling TV services
The company plans to elaborate on the figures with a news conference, set for Friday noon EDT. Meantime, its shares acquired 41 cents, or 1.2% to $34.01
