|Bid||0.00 x 800|
|Ask||0.00 x 900|
|Day's Range||28.47 - 29.89|
|52 Week Range||17.09 - 44.66|
|Beta (5Y Monthly)||1.67|
|PE Ratio (TTM)||14.41|
|Earnings Date||Jul 27, 2020 - Jul 31, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 12, 2012|
|1y Target Est||39.25|
Oppenheimer upgraded shares of American Tower REIT and Crown Castle International to Outperform recently, citing long-term growth potential and attractive valuations.
DISH Network (NASDAQ:DISH) shareholders are no doubt pleased to see that the share price has bounced 31% in the last...
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Dish Network (NASDAQ: DISH), the last of the major cable television names to post its most recent quarterly results, fared as poorly as its peers. With millions of TV watchers effectively trapped at home with plenty of time to rethink how and what they watch, the satellite television company shed another 413,000 video customers.
Analysts estimate steep first-quarter drops in the numbers of subscribers to cable, satellite TV, and virtual cable services.
The number of U.S. fatalities from the coronavirus that causes COVID-19 climbed above 73,000 on Thursday, as President Donald Trump’s administration said it is shelving recommendations from the Centers for Disease Control and Prevention on reopening safely because they were too cautious
Dish (DISH) delivered earnings and revenue surprises of -77.19% and 2.41%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Dish Network shares were down 0.66% in pre-market trading. The company is re-positioning itself as a wireless carrier to stem the losses in its Pay TV business as consumers move to online streaming platforms and cut cable services during nationwide furloughs and layoffs due to nationwide shutdowns to stop the spread of the coronavirus. Dish's pay TV unit, which includes its Sling TV streaming service, lost net 413,000 subscribers compared with a net loss of 259,000 subscribers a year earlier.
U.S. satellite TV provider Dish Network Corp said on Thursday it lost more than 250,000 pay TV subscribers in the quarter, as it disconnected connections for customers in the hospitality and airline sectors that were hit hard by lockdowns due to the COVID-19 pandemic. Dish's pay TV unit, which includes Sling TV that allows subscribers to stream live television, lost net 413,000 subscribers compared with a net loss of 259,000 subscribers a year earlier.
Click here to read the full article. Dish Network reported its worst-ever quarterly loss of subscribers, shedding 413,000 total pay-TV customers in the first three months of 2020. The satellite and over-the-top TV provider blamed the drop-off on the upheaval from the coronavirus pandemic.The company closed the first quarter with 11.32 million pay-TV subscribers, down 6% year-over-year. That included a sequential decline of about 132,000 satellite subs (to 9.01 million) and a net loss of 281,000 Sling TV subscribers -- accelerating the over-the-top service's erosion from Q4. As of March 31, Sling TV had 2.31 million customers, down 4.7% from a year earlier; Sling has launched several free promotions during the pandemic to try to win new subscribers.Dish has been steadily losing TV subscribers to cord-cutting pressure for several years, and the current health crisis appears to have exacerbated the shrinkage. "[T]he COVID-19 pandemic caused severe disruption in certain commercial segments served by Dish, including the hospitality and airline industries," the company said in reporting results.More broadly, Dish said, "We have faced, and could continue to face, fewer subscriber activations and increased subscriber churn rate as a result of the COVID-19 pandemic and the worsening of the global business and economic environment."Note that longtime rival DirecTV also suffered a dramatic subscriber decline in Q1 -- AT&T reported the pay-TV segment dropped 1 million subscribers in the period, comprising both satellite and broadband-delivered TV.Dish beat Wall Street expectations for revenue but missed on earnings per share. The company reported revenue of $3.22 billion for Q1, up 0.9% versus $3.19 billion for the corresponding period in 2019. Net income came in at $73 million (down from $340 million from the year-ago quarter), or earnings per share of 13 cents. Dish said the bottom line was hurt by $356 million in impairment charges related to the narrowband internet-of-things network deployment and the D1 and T1 satellites.Analysts on average expected Dish to report Q1 revenue of $3.15 billion and quarterly earnings of 57 cents per share.During the first quarter, Dish said, it paused service or provided "temporary rate relief" for certain commercial customers including bars and restaurants "to avoid charging commercial customers for services that were no longer being viewed by their customers." Those represented about 250,000 subscribers, which Dish dropped from its pay-TV subscriber count as of March 31.Dish also called out ongoing programming blackouts for hurting subscriber numbers. AT&T's HBO and Cinemax channels have been dark on Dish TV and Sling TV since November 2018, and "we and AT&T have been unable to negotiate the terms and conditions of a new programming carriage contract," the company noted in the Q1 report.In addition, Dish's pay-TV services have been without Fox-branded regional sports networks since July 2019. Since Sinclair Broadcast Group acquired the Fox RSNs last summer, the parties have not reached a carriage deal for the networks.Dish last month told employees it planned job cuts, particularly focused in the in-home services division, which handles on-site installation and support at customer locations. It has not disclosed the scope of the layoffs. Dish had 16,000 employees as the end of 2019.(Pictured above: Dish Network chairman Charlie Ergen)
Dish Network Corp. said Thursday it had net income of $73 million, or 13 cents a share, in the first quarter, down from $340 million, or 65 cents a share, in the year-earlier period. Revenue rose to $3.22 billion from $3.19 billion. The FactSet consensus was for EPS of 57 cents and revenue of $3.15 billion. The satellite TV company, which is planning to launch a 5G wireless phone service, said the COVID-19 pandemic caused "severe disruption" in segments it serves, including the hospitality and airline industries. The company paused service or offered temporary rate relief to about 250,000 subscribers in the quarter. "DISH does not expect to incur significant expenses from the reactivation of any returning commercial accounts," the company said in a statement. It ended the quarter with 11.32 million pay-TV subscribers. Net pay-TV subscribers declined by about 413,000 in the quarter. Dish shares were not yet active premarket, but have fallen 35% in the year to date, while the S&P 500 has fallen 12%.
DISH Network Corporation (NASDAQ: DISH) reported revenue totaling $3.22 billion for the quarter ending March 31, 2020, compared to $3.19 billion for the corresponding period in 2019.
T-Mobile US’s new management is about to have a chance to brief investors on the arduous task ahead: combining Sprint’s operations with its own.
Dish (DISH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
DISH Network Corp. (NASDAQ: DISH) will host a conference call at noon Eastern Time (ET) on Thursday, May 7, 2020, to discuss its first quarter results. To attend the call, please use the information below for dial-in access. When prompted on dial-in, please utilize the conference ID and ask for the "DISH Network Q1 2020 Earnings Conference Call."
SLING TV today announced its Slingers will have the chance to win a signature-edition Mace Windu lightsaber this week. Entering to win is easy: new and existing SLING TV subscribers can simply watch any (or every) Star Wars movie available on SLING TV May 4-10 to be automatically entered into the sweepstakes. Super fans can increase their chances of winning with a Star Wars marathon; the more movies watched, the more sweepstakes entries received.
ASAPP Inc an artificial intelligence software that helps call center agents work better and faster, on Friday announced a $185 million series B funding round as the coronavirus pandemic pushes up call center volume at a time when companies are looking to cut labor costs. The latest funding round was carried out in several installments starting in August, 2018, from investors including former CISCO Systems Inc chief executive John Chambers and prominent venture capitalist John Doerr of Kleiner Perkins.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
DISH Network (DISH) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
DISH Networ's (DISH) first-quarter 2020 results are likely to reflect persistent loss of subscribers due to rigid competition and cord-cutting in the Pay-TV industry.
Dish (DISH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.