Dish Network Posts Sharply Higher 2Q Profit

August 9, 2010  |  

(Black Enterprise) — Satellite TV company Dish Network Corp. said Monday its second-quarter rose sharply as revenue grew, beating Wall Street’s expectations even while it lost subscribers to competition. The company’s earnings attributable to common shareholders totaled $257 million, or 57 cents per share, up from earnings of $63.4 million, or 14 cents per share, in the same period a year earlier.

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