ENGLEWOOD, Colo. (AP) — Dish Network Corp. (DISH) on Wednesday reported second-quarter profit of $324.4 million.
The Englewood, Colorado-based company said it had net income of 70 cents per share.
The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.
The satellite television provider posted revenue of $3.83 billion in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $3.79 billion.
Dish shares have decreased 10 percent since the beginning of the year. The stock has risen roughly 5 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap ) using data from Zacks Investment Research. Access a Zacks stock report on DISH at http://www.zacks.com/ap/DISH
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Keywords: Dish Network, Earnings Report
