FILE PHOTO: A Dish Network satellite dish is shown on a residential home in Encinitas, California, U.S., November 8, 2017. REUTERS/Mike Blake
(Reuters) – U.S. satellite TV service provider Dish Network Corp on Friday reported an 8 percent drop in quarterly revenue, as it lost about 259,000 net pay-TV subscribers.
Net income attributable to the company fell to $340 million, or 65 cents per share, in the first quarter ended March 31, from $368 million, or 70 cents per share, a year earlier.
Revenue fell to $3.19 billion from $3.46 billion.
Reporting by Akanksha Rana in Bengaluru; Editing by James Emmanuel
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source: reuters.com