DISH Network reports Q4 (Dec) results
- Reports Q4 (Dec) GAAP loss of $0.27 per share, may not be comparable to the Capital IQ Consensus of ($0.00); revenues rose 3.4% year/year to $3.81 bln vs the $3.74 bln Capital IQ Consensus.
- In 2015, DISH activated ~2.773 million gross new Pay-TV subscribers compared to ~2.601 million in 2014. Net Pay-TV subscribers declined ~81,000 in 2015 compared to a loss of ~79,000 in 2014. DISH ended 2015 with ~13.897 million Pay-TV subscribers compared with ~13.978 million at the end of 2014. Pay-TV ARPU was $86.79 during 2015 versus $83.77 in 2014. Pay-TV average monthly subscriber churn for 2015 was 1.71 percent compared to 1.59 percent in 2014. DISH added ~46,000 net broadband subscribers in 2015, bringing its total broadband subscriber base to ~623,000 compared to ~577,000 at the close of 2014.