DISH Network annual net income decreases
Feb 28, 2013 (Datamonitor via COMTEX) --
DISH Network Corporation has reported a net income attributable to the company for the year ended December 31, 2012 was $636.69 million, or $1.41 per diluted share, compared to $1.51 billion, or $3.39 per diluted share, for the year ended December 31, 2011.
Total revenue for the year ended December 31, 2012 was $14.27 billion, compared to $14.05 billion for the year ended December 31, 2011.
Operating income for the year ended December 31, 2012 was $1.22 billion, compared to $2.93 billion for the year ended December 31, 2011.
"In addition to the landmark introductions of our Hopper Whole-Home HD DVR, the successful launch of dishNET and the developments with our wireless spectrum, one of our key stories of the year was the change in our customer trajectory," said Joseph P. Clayton, DISH president and CEO.
"During 2012, DISH added about 89,000 net pay-TV subscribers after having lost approximately 166,000 net pay-TV subscribers in 2011."
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