Originally published Monday, November 9, 2009 at 3:25 AM
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Dish Network 3rd-quarter profit falls
Dish Network says third-quarter profit fell 12 percent as its subscriber base edged up.
The Associated Press
Dish Network says third-quarter profit fell 12 percent as its subscriber base edged up.
The second-largest satellite TV provider in the U.S. says profit totaled $92 million, down from $81 million a year ago.
Revenue for the three months ended Sept. 30 edged down nearly 2 percent to $2.89 billion from $2.94 billion last year.
Dish says net subscribers rose nearly 2 percent to 14.1 million from 13.9 million a year ago.
Separately, the company, in Englewood, Colo., issued a one-time dividend of $2, payable Dec. 2 to shareholders of record on Nov. 20.
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