Dish: 4Q Earnings Snapshot
ENGLEWOOD, Colo. (AP) _ Dish Network Corp. (DISH) on Wednesday reported fourth-quarter net income of $337.1 million.
On a per-share basis, the Englewood, Colorado-based company said it had net income of 64 cents.
The results did not meet Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share.
The satellite television provider posted revenue of $3.31 billion in the period, which beat Street forecasts. Eight analysts surveyed by Zacks expected $3.28 billion.
For the year, the company reported profit of $1.58 billion, or $3 per share. Revenue was reported as $13.62 billion.
Dish shares have risen 25 percent since the beginning of the year. The stock has fallen 29 percent in the last 12 months.