Dish Network's revenue disappoints again [Reuters]
DISH Network Corporation - Class A (DISH)
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Source: Reuters
Dish Network's revenue disappoints again | Reuters Reuters Staff 2 Min Read (Reuters) - Dish Network Corp’s ( DISH.O ) revenue missed analysts’ estimates for the fifth straight quarter, as it earned less than expected from its customers. Dish, like other pay-TV providers, has faced a growing trend of cord-cutting, where consumers move away from satellite TV packages to online streaming services such as Netflix Inc ( NFLX.O ) and Amazon.com Inc’s ( AMZN.O ) Amazon Prime. Dish said it added 160,000 subscribers for Sling TV in the fourth quarter and lost 121,000 DISH TV subscribers, breaking out customer details for streaming service for the first time. Jefferies analyst Scott Goldman said that the numbers for both services beat his estimates, but that Dish’s average revenue per user of $84.63 was below his estimate of $85.71 and Wall Street estimate of $86.10. Subscribers to Sling TV, which offers Internet-based American, international and Latino video programing services, on aver
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