DISH Network Reports Year-End 2014 Financial Results
ENGLEWOOD, Colo.--(BUSINESS WIRE)--
DISH Network Corporation (NASDAQ: DISH) reported 2014 total revenue of
$14.6 billion compared to $13.9 billion in 2013, an increase of 5.3
percent. Net income attributable to DISH Network in 2014 increased 17.0
percent to $945 million from $807 million in 2013. Diluted earnings per
share were $2.04 in 2014, compared with $1.76 in 2013.
For the full year, DISH activated approximately 2.601 million gross new
Pay-TV subscribers compared to approximately 2.666 million in 2013. DISH
ended 2014 with approximately 13.978 million Pay-TV subscribers compared
with approximately 14.057 million at the end of 2013.
Pay-TV average monthly revenue per subscriber was $83.77 during 2014
versus $80.37 in 2013. Pay-TV average monthly subscriber churn for 2014
increased slightly to 1.59 percent from 1.58 percent in 2013.
DISH added approximately 141,000 net broadband subscribers in 2014,
bringing its total broadband subscriber base to approximately 577,000
compared to approximately 436,000 at the close of 2013.
Detailed financial data and other information are available in DISH
Network's Form 10-K for the year ended Dec. 31, 2014, filed today with
the Securities and Exchange Commission.
DISH Network will host its fourth quarter and full-year 2014 financial
results conference call today at noon Eastern time. The dial-in numbers
are (800) 616-6729 (U.S. toll-free) or (763) 488-9145, conference ID
DISH Network Corp. (NASDAQ: DISH), through its subsidiaries, provides
approximately 13.978 million pay-TV subscribers, as of Dec. 31, 2014,
with the highest-quality programming and technology with the most
choices at the best value. Subscribers enjoy a high definition line-up
with more than 200 national HD channels, the most international
channels, and award-winning HD and DVR technology. DISH Network
Corporation is a Fortune 250 company. Visit www.dish.com.
DISH Network Corporation
Jason Kiser, 303-723-2210
Source: DISH Network Corporation
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