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Dish
said it lost 281,000 net pay-TV subscribers in the second
quarter ended June 30, missing the average analyst estimate of a
loss of 91,000 subscribers, according to market research firm
FactSet StreetEstimate.
However, average revenue per user rose to $89.98 from $87.91,
helped by price increases for its video service.
Dish raised its 2016 video service rates in January.
To offset losses in its core pay-TV business, the company last
year launched a cheaper $20-per-month Sling TV online streaming
service that offers a slim bundle of channels, including live
programming from networks such as ESPN.
Net income attributable to Dish rose to $410 million, or 88
cents per share, in the three months ended June 30, from $324
million, or 70 cents per share, a year earlier.
Net revenue rose to $3.84 billion from $3.83 billion.
Analysts on average expected earnings of 72 cents per share and
revenue of $3.85 billion, according to Thomson Reuters I/B/E/S.
(Reporting by Aishwarya Venugopal in Bengaluru; Editing by
Sriraj Kalluvila)
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