DISH Network Announces Third Quarter 2011 Financial ResultsMonday, November 7th, 2011
ENGLEWOOD, CO — DISH Network Corporation (NASDAQ: DISH) today reported its third quarter 2011 financial results.
Revenue totaled $3.60 billion for the quarter ended Sept. 30, 2011, a 12.3 percent increase compared with $3.21 billion for the corresponding period in 2010. Net income attributable to common shareholders totaled $319 million for the quarter ended Sept. 30, 2011, a 30.3 percent increase compared with $245 million during the same period last year. Diluted earnings per share were $0.71 for the third quarter, compared with $0.55 during the same period in 2010. DISH Network’s net subscribers decreased by approximately 111,000 during the third quarter, and the company ended Sept. 30, 2011, with approximately 13.945 million subscribers.
More: Earnings Release