DirecTV tops, adds subscribers

Investor's Business Daily

The satellite TV provider said Q4 EPS rose 38% to $1.41, beating views by 28 cents. Revenue rose 8% to $8.05 bil. Q4 revenue in S. America jumped 22% to $1.67 bil as subscribers in the region rose 12%. U.S. revenue climbed 5% to $6.32 bil, thanks to 103,000 new customers. DirecTV (DTV) announced a new $4 bil stock repurchase program. Shares fell 2.8% to 50.21.

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