DISH Network Corp. (DISH – Analyst Report) declared first-quarter 2015 financial numbers wherein earnings beat the Zacks Consensus Estimate while revenues were in line with the mark.
Quarterly net income came in at $351.5 million or 76 cents per share compared with net income of $175.9 million or 38 cents in the year-ago quarter. Earnings also surpassed the Zacks Consensus Estimate of 41 cents. Quarterly total revenue stood at approximately $3,724.2 million, up 3.6% year over year, almost in line with the Zacks Consensus Estimate of $3,725 million.
Dish Network Corporation – Earnings Surprise
Segment-wise, subscriber-related revenues grossed $3,688.9 million in the first quarter, up 3.7% from the prior-year quarter. Also, in the quarter, Equipment and merchandise sales & other revenues totaled $22.5 million, up 1.5% from the last-year quarter. Equipment sales, services and other revenues from EchoStar added up to $12.8 million in the reported quarter, down 19% from the year-ago quarter.
