Dish: 4Q Earnings Snapshot

ENGLEWOOD, Colo. (AP) _ Dish Network Corp. (DISH) on Wednesday reported fourth-quarter net income of $389.4 million.

The Englewood, Colorado-based company said it had profit of 69 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share.

The satellite television provider posted revenue of $3.24 billion in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $3.17 billion.

For the year, the company reported profit of $1.4 billion, or $2.60 per share. Revenue was reported as $12.81 billion.

Dish shares have increased 16% since the beginning of the year. The stock has climbed 34% 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 https://www.zacks.com/ap/DISH

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