Dish Network
Earnings Details
4th Quarter December 2016
Wednesday, February 22, 2017 6:02:00 AM
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Dish Network Beats

Dish Network (DISH) reported 4th Quarter December 2016 earnings of $0.70 per share on revenue of $3.7 billion. The consensus earnings estimate was $0.66 per share on revenue of $3.8 billion. The Earnings Whisper number was $0.64 per share. Revenue fell 1.6% compared to the same quarter a year ago.

DISH Network Corp provides a direct broadcast satellite subscription television service in the United States. It offers subscription television, audio programming and interactive television services in the United States.

Reported Earnings
Earnings Whisper
Consensus Estimate
Reported Revenue
$3.72 Bil
Revenue Estimate
$3.75 Bil
Earnings Growth
Revenue Growth
Power Rating
Earnings Release

DISH Network Reports Fourth Quarter, Year-End 2016 Financial Results

DISH Network Corporation (DISH) reported revenue totaling $3.72 billion for the quarter ending Dec. 31, 2016 compared to $3.78 billion for the corresponding period in 2015.

Net income attributable to DISH Network totaled $343 million for the fourth quarter 2016, compared to a loss of $125 million from the year-ago quarter. Diluted earnings per share were $0.70 for the fourth quarter, compared to a loss of $0.27 cents per share during the same period of 2015.

DISH includes all of its DISH and Sling branded subscribers in the company’s total Pay-TV metrics, including in the Pay-TV subscriber, Pay-TV ARPU and Pay-TV churn rate numbers set forth below. Sling TV subscribers are reported net of disconnects in our gross new Pay-TV subscriber activations.

In the fourth quarter, DISH activated approximately 694,000 gross new Pay-TV subscribers, compared to approximately 661,000 gross new Pay-TV subscribers in the year-ago period. Net Pay-TV subscribers increased by approximately 28,000 in the fourth quarter, compared to a loss of approximately 12,000 in the fourth quarter of 2015.

Full-Year 2016 Review

For the year, DISH reported 2016 total revenue of $15.09 billion compared to $15.07 billion in 2015. Subscriber-related revenue in 2016 was $15.03 billion, compared to $14.95 billion in 2015.

Net income attributable to DISH Network in 2016 was $1.45 billion compared to $747 million in 2015. Diluted earnings per share were $3.05 in 2016, compared with $1.61 in 2015.

The company closed the fourth quarter with 13.671 million Pay-TV subscribers, compared to 13.897 million Pay-TV subscribers in the fourth quarter of 2015. Our ending Pay-TV subscriber count increased by approximately 166,000 subscribers during the third quarter 2016 as a result of the change in our calculation for our commercial accounts. This had no impact on our gross new Pay-TV subscriber activations or net Pay-TV subscriber losses for the year ended Dec. 31, 2016.

Pay-TV ARPU was $88.66 during 2016 versus $86.79 in 2015. Pay-TV average monthly subscriber churn for 2016 was 1.83 percent compared to 1.71 percent in 2015.

Detailed financial data and other information are available in DISH Network’s Form 10-K for the year ended Dec. 31, 2016, filed today with the Securities and Exchange Commission.

DISH Network will host its fourth quarter and full-year 2016 financial results conference call today at noon ET. The dial-in numbers are (800) 708-3128 (U.S.) and (312) 429-1278.

A webcast replay will be available on DISH’s Investor Relations website,, today from 6 p.m. to 12 a.m. ET.

About DISH

DISH Network Corp. (DISH), through its subsidiaries, provides approximately 13.671 million pay-TV subscribers, as of Dec. 31, 2016, with the highest-quality programming and technology with the most choices at the best value. DISH offers 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 200 company. Visit

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SOURCE: DISH Network Corporation

DISH Network Corporation
Media Contact
Bob Toevs, 303-723-2010
Investor Contact
Jason Kiser, 303-723-2210