DISH Network has revealed revenue, net income, Capex and Opex for the third quarter of 2018.
DISH Network reported revenue of $3.4 billion for the third quarter compared with $3.58 billion in Q3 2017.
Net income of DISH Network was $432 million vs $297 million during the same quarter in 2017.
The company closed the quarter with 10.286 million DISH TV subscribers and 2.370 million Sling TV subscribers.
DISH Network lost its pay TV subscribers. The company said the total number of Pay-TV subscribers reached 12.656 million compared with 13.203 million Pay-TV subscribers at the end of third quarter 2017.
Net Pay-TV subscribers declined approximately 341,000 in the third quarter, compared with an increase of approximately 16,000 in the third quarter 2017.
DISH TV subscribers declined approximately 367,000 and Sling TV subscribers increased approximately 26,000. DISH TV’s average monthly subscriber churn rate was 2.11 percent versus 1.82 percent for third quarter 2017.
