DISH Network Reports Increased Revenues in 2014
Englewood, Colo., February 23, 2015--DISH Network Corporation (NASDAQ: DISH) reported 2014 total revenue of US$ 14.6 billion compared to US$ 13.9 billion in 2013, an increase of 5.3 percent. Net income attributable to DISH Network in 2014 increased 17.0 percent to US$ 945 million from US$ 807 million in 2013. Diluted earnings per share were $2.04 in 2014, compared with $1.76 in 2013.
For the full year, DISH activated approximately 2.601 million gross new Pay-TV subscribers compared to approximately 2.666 million in 2013. DISH ended 2014 with approximately 13.978 million Pay-TV subscribers compared with approximately 14.057 million at the end of 2013.
Pay-TV average monthly revenue per subscriber was $83.77 during 2014 versus $80.37 in 2013. Pay-TV average monthly subscriber churn for 2014 increased slightly to 1.59 percent from 1.58 percent in 2013.
DISH added approximately 141,000 net broadband subscribers in 2014, bringing its total broadband subscriber base to approximately 577,000 compared to approximately 436,000 at the close of 2013.
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