
Dish Network's investor relations team provides regular updates on the company's financial performance.
The company's revenue has consistently increased over the years, reaching $12.7 billion in 2020.
Dish Network's net income has also shown a steady growth trend, reaching $1.4 billion in 2020.
The company's cash flow from operating activities has been strong, reaching $3.6 billion in 2020.
Dish Network's financial performance is closely tied to its subscriber base, which has remained relatively stable in recent years.
The company has a significant presence in rural areas, where satellite television is often the only option.
Financial Performance
DISH Network reported revenue totaling $3.31 billion for the fourth quarter of 2018, a decrease from $3.48 billion in the same period of 2017.
The company's net income attributable to DISH Network totaled $337 million for the fourth quarter 2018, compared to $1.39 billion in the year-ago quarter.
Diluted earnings per share were $0.64 for the fourth quarter, compared to $2.64 per share during the same period of 2017.
DISH Network closed the fourth quarter with 12.32 million Pay-TV subscribers, including 9.90 million DISH TV subscribers and 2.42 million Sling TV subscribers.
For the year, DISH reported 2018 total revenue of $13.62 billion, compared to $14.39 billion in 2017.
Net income attributable to DISH Network in 2018 was $1.58 billion, compared to $2.10 billion in 2017.
Diluted earnings per share were $3.00 in 2018, compared to $4.07 in 2017.
Pay-TV ARPU was $85.46 during 2018 versus $86.43 in 2017.
DISH TV's average monthly subscriber churn for 2018 was 1.78 percent, unchanged from 2017.
The company burned through $548 million during the third quarter, taking the total for the year to $1.4 billion.
Television and wireless services revenue both declined 9% year over year.
Frequently Asked Questions
What company owns DISH Network?
DISH Network is now a wholly-owned subsidiary of EchoStar Corporation, following a merger at the end of 2023. EchoStar is a leading global telecom company with unparalleled connectivity capabilities.
What companies are under EchoStar?
EchoStar operates several well-known brands, including EchoStar, Boost Mobile, Sling TV, DISH TV, Hughes, HughesNet, HughesON, and JUPITER. These brands offer a range of services and solutions for consumers, businesses, and governments worldwide.
Sources
- https://www.alphaspread.com/security/lse/0ibg/investor-relations
- https://quartr.com/companies/dish-network-corporation_4800
- https://www.slidegenius.com/cm-faq-question/where-can-i-find-the-latest-investor-relations-presentation-for-dish-network-corp-dish
- https://www.morningstar.com/stocks/dish-network-earnings-investors-deserve-greater-transparency-around-wireless-fallback-plans
- https://markets.businessinsider.com/news/stocks/dish-network-reports-fourth-quarter-year-end-2018-financial-results-1027948642
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