PR Newswire
ENGLEWOOD, Colo. , Aug. 3, 2022 /PRNewswire/ -- DISH Network Corporation (NASDAQ: DISH) reported revenue totaling $4.21 billion for the quarter ending June 30, 2022 , compared to $4.49 billion for the corresponding period in 2021.
Net income attributable to DISH Network totaled $523 million for the second quarter 2022, compared to $671 million for the year-ago quarter.
Diluted earnings per share were $0.82 for the second quarter, compared to $1.06 per share during the same period in 2021.
Pay-TV
Net pay-TV subscribers decreased approximately 257,000 in the second quarter, compared to a net decrease of approximately 67,000 in the year-ago quarter.
The company closed the quarter with 9.99 million pay-TV subscribers, including 7.79 million DISH TV subscribers and 2.20 million SLING TV subscribers.
Wireless
Retail wireless net subscribers decreased by approximately 210,000 in the second quarter, compared to a net decrease of 201,000 in the year-ago quarter.
The company closed the quarter with 7.87 million retail wireless subscribers.
Additional Details
Detailed financial data and other information are available in DISH Network's Form 10-Q for the quarter ending June 30, 2022 , filed today with the Securities and Exchange Commission. DISH Network will host its second quarter 2022 financial results conference call today at noon ET.
Participant conference numbers: (800) 289-0720 (U.S.) and (323) 701-0160; Conference ID: 4146227.
A webcast replay will be available on DISH's Investor Relations website at http://ir.dish.com , and will remain available for 48 hours.
About DISH
DISH Network Corporation is a connectivity company. Since 1980, it has served as a disruptive force, driving innovation and value on behalf of consumers. Through its subsidiaries, the company provides television entertainment and award-winning technology to millions of customers with its satellite DISH TV and streaming SLING TV services. In 2020, the company became a nationwide U.S. wireless carrier through the acquisition of Boost Mobile. DISH continues to innovate in wireless, building the nation's first virtualized, O-RAN 5G broadband network. DISH Network Corporation (NASDAQ: DISH) is a Fortune 200 company.
For company information, visit about.dish.com
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Quarterly Metrics | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 | Q1 2020 |
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Other Data: | | | | | | | | | | |
Pay-TV subscribers, as of period end (in millions) | 9.988 | 10.245 | 10.707 | 10.980 | 10.993 | 11.060 | 11.290 | 11.423 | 11.272 | 11.323 |
DISH TV subscribers, as of period end (in millions) | 7.791 | 7.993 | 8.221 | 8.424 | 8.554 | 8.686 | 8.816 | 8.965 | 9.017 | 9.012 |
Sling TV subscribers, as of period end (in millions) | 2.197 | 2.252 | 2.486 | 2.556 | 2.439 | 2.374 | 2.474 | 2.458 | 2.255 | 2.311 |
Pay-TV subscriber additions (losses), net (in millions) | (0.257) | (0.462) | (0.273) | (0.013) | (0.067) | (0.230) | (0.133) | 0.116 | (0.096) | (0.413) |
DISH TV subscriber additions (losses), net (in millions) | (0.202) | (0.228) | (0.203) | (0.130) | (0.132) | (0.130) | (0.149) | (0.087) | (0.040) | (0.132) |
Sling TV subscriber additions (losses), net (in millions) | (0.055) | (0.234) | (0.070) | 0.117 | 0.065 | (0.100) | 0.016 | 0.203 | (0.056) | (0.281) |
Pay-TV ARPU | 101.30 | 99.44 | 97.53 | 96.31 | 96.32 | 93.63 | 94.47 | 91.79 | 92.17 | 88.76 |
DISH TV subscriber additions, gross (in millions) | 0.156 | 0.159 | 0.200 | 0.224 | 0.201 | 0.210 | 0.235 | 0.292 | 0.268 | 0.299 |
DISH TV churn rate | 1.51 % | 1.59 % | 1.61 % | 1.39 % | 1.29 % | 1.30 % | 1.44 % | 1.41 % | 1.14 % | 1.54 % |
DISH TV SAC | 980 | 1,088 | 789 | 824 | 890 | 790 | 842 | 864 | 834 | 861 |
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Wireless subscribers, as of period end (in millions) | 7.867 | 8.203 | 8.546 | 8.774 | 8.895 | 8.894 | 9.055 | 9.418 | - | - |
Wireless subscriber additions, gross (in millions) | 0.793 | 0.796 | 0.826 | 0.888 | 0.944 | 1.032 | 0.989 | 1.104 | - | - |
Wireless subscriber additions (losses), net (in millions) | (0.210) | (0.343) | (0.245) | (0.121) | (0.201) | (0.161) | (0.363) | (0.212) | - | - |
Wireless ARPU | 37.90 | 37.72 | 38.76 | 39.25 | 39.10 | 38.89 | 38.32 | 38.17 | - | - |
Wireless churn rate | 4.39 % | 4.64 % | 4.95 % | 4.67 % | 4.33 % | 4.44 % | 4.88 % | 4.64 % | - | - |
SOURCE DISH Network Corporation