DISH Network Reports Second Quarter 2009 Financial Results

 

ENGLEWOOD, Colo., Aug 10, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- DISH Network Corporation (Nasdaq: DISH) today reported total revenue of $2.904 billion for the quarter ended June 30, 2009, a 0.4 percent decrease compared with $2.915 billion for the corresponding period in 2008.

Net income totaled $63 million for the quarter ended June 30, 2009, compared with $336 million during the corresponding period in 2008. Basic earnings per share were $0.14 for the quarter ended June 30, 2009, compared with basic earnings per share of $0.75 during the corresponding period in 2008.

DISH Network added approximately 26,000 net subscribers during the quarter ended June 30, 2009, ending the quarter with approximately 13.610 million subscribers.

Detailed financial data and other information are available in DISH Network's Form 10-Q for the quarterly period ended June 30, 2009, filed today with the Securities and Exchange Commission.

About DISH Network Corporation

DISH Network Corporation (Nasdaq: DISH), the nation's HD leader, provides approximately 13.610 million satellite TV customers as of June 30, 2009 with the highest quality programming and technology at the best value, including the lowest all-digital price nationwide. Customers have access to hundreds of video and audio channels, the most HD channels, the most international channels, state-of-the-art interactive TV applications, and award-winning HD and DVR technology including 1080p Video on Demand and the ViP((R)) 722 HD DVR, a CNET and PC Magazine "Editors' Choice." DISH Network is included in the Nasdaq-100 Index (NDX) and is a Fortune 250 company. Visit www.dishnetwork.com.

DISH Network will host its Second Quarter 2009 earnings conference call today at noon ET. The dial-in number is (800) 616-6729.

SOURCE DISH Network Corporation

http://www.dishnetwork.com