Dish Network's 4Q Sales Rise On Higher ARPU; Street Says Hold
Dish Network Corp reported better-than-expected sales in the fourth quarter as the streaming and wireless services provider saw an increase in average revenue per user (ARPU). Shares of Dish Network (DISH) rose about 1.43% in pre-market trading on Feb. 22. The company posted earnings per share (EPS) of $1.24 during the fourth quarter, which came in ahead of analysts’ expectations of $0.75. Total revenue of $4.56 billion topped analysts’ estimates of $4.42 billion. During the quarter, the company’s net pay-TV subscribers decreased by about 133,000 versus a decline of about ...