Dish Network Corp. Bottom Line Retreats In Q1, misses estimates

Dish Network Corp. (DISH) revealed a profit for first quarter that decreased from the same period last year and missed the Street estimates.

The company's earnings came in at $433 million, or $0.68 per share. This compares with $630 million, or $0.99 per share, in last year's first quarter.

Analysts on average had expected the company to earn $0.75 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 3.8% to $4.33 billion from $4.50 billion last year.

Dish Network Corp. earnings at a glance (GAAP) :

-Earnings (Q1): $433 Mln. vs. $630 Mln. last year.
-EPS (Q1): $0.68 vs. $0.99 last year.
-Analyst Estimates: $0.75
-Revenue (Q1): $4.33 Bln vs. $4.50 Bln last year.

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