DISH Network(R) Reports Second Quarter 2008 Financial Results
ENGLEWOOD, Colo., Aug 04, 2008 /PRNewswire-FirstCall via COMTEX
News Network/ -- DISH Network Corporation (Nasdaq: DISH) today
reported total revenue of $2.91 billion for the quarter ended
June 30, 2008, a 5.6 percent increase compared with $2.76
billion for the corresponding period in 2007.
Net income totaled $336 million for the quarter ended June 30,
2008, compared with $224 million during the corresponding period
in 2007. Basic earnings per share were $0.75 for the quarter
ended June 30, 2008, compared with basic earnings per share of
$0.50 during the corresponding period in 2007.
DISH Network lost approximately 25,000 net subscribers during
the quarter ended June 30, 2008, ending the quarter with
approximately 13.79 million subscribers.
Detailed financial data and other information are available in
DISH Network's Form 10-Q for the quarterly period ended June 30,
2008, filed today with the Securities and Exchange Commission.
About DISH Network Corporation
DISH Network Corporation (Nasdaq: DISH), the nation's third
largest pay-TV provider and the leader in digital television,
provides approximately 13.79 million satellite TV customers with
industry-leading customer satisfaction which has surpassed major
cable TV providers for eight consecutive years. DISH Network
also provides customers with award-winning HD and DVR technology
including the ViP722(TM) HD DVR, which received the Editors'
Choice awards from both CNET and PC Magazine. In addition,
subscribers enjoy access to hundreds of video and audio
channels, the most International channels in the U.S.,
industry-leading Interactive TV applications, Latino
programming, and the best sports and movies in HD. DISH Network
offers a variety of package and price options including the
lowest all-digital price in America, the DishDVR Advantage
Package, high-speed Internet service, and a free upgrade to the
best HD DVR in the industry. DISH Network is included in the
Nasdaq-100 Index (NDX) and is a Fortune 300 company. Visit
http://www.dishnetwork.com/aboutus or call 1-800-333-DISH
(3474) for more information.
DISH Network will host its Second Quarter 2008 earnings
conference call today at noon ET. The dial-in number is (800)
616-6729.
SOURCE DISH Network Corporation
http://www.dishnetwork.com
