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Dish Network Corp. Announces 7% Fall In Q3 Bottom Line

Dish Network Corp. (DISH) reported a profit for third quarter that fell from last year.

The company said its profit dropped to $297 million, or $0.57 per share. This was lower than $318 million, or $0.67 per share, in last year's third quarter.

The company said revenue for the quarter fell 5.0% to $3.58 billion. This was down from $3.77 billion last year.

Dish Network Corp. earnings at a glance:

-Earnings (Q3): $297 Mln. vs. $318 Mln. last year.
-Earnings Decline (Y-o-Y): -6.6%
-EPS (Q3): $0.57 vs. $0.67 last year.
-EPS Decline (Y-o-Y): -14.9%
-Revenue (Q3): $3.58 Bln vs. $3.77 Bln last year.
-Revenue Change (Y-o-Y): -5.0%

by RTT Staff Writer

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