DISH Network reported revenue totaling $4.33 billion for the quarter ending March 31, 2022, compared to $4.50 billion for the corresponding period in 2021. Net income attributable to DISH Network totaled $433 million for the first quarter 2022, compared to $630 million for the year-ago quarter.Diluted earnings per share were $0.68 for the first quarter, compared to $0.99 per share during the same period in 2021.
The company reported a net loss of both pay-TV and wireless customers.
- Net pay-TV subscribers decreased approximately 462,000 in the first quarter, compared to a decrease of approximately 230,000 in the year-ago quarter. The company closed the quarter with 10.24 million pay-TV subscribers, including 7.99 million DISH TV subscribers and 2.25 million SLING TV subscribers.
- Retail wireless net subscribers decreased by approximately 343,000 in the first quarter, compared to a net decrease of 161,000 in the year-ago quarter. The company closed the quarter with 8.20 million retail wireless subscribers.
DISH will host an investor day presentation on May 10, 2022.
