DISH Network (DISH) Tops Q2 EPS by 12c, Revenues Beat

DISH Network (NASDAQ: DISH) reported Q2 EPS of $0.83, $0.12 better than the analyst estimate of $0.71. Revenue for the quarter came in at $3.46 billion versus the consensus estimate of $3.44 billion.

• Net income attributable to DISH Network totaled $439 million for the second quarter 2018, compared to net income of $40 million from the year-ago quarter. DISH\'s net income for the second quarter of 2017 was negatively impacted by litigation expenses, net of related taxes, of $280 million.
• In addition, DISH's net income for the second quarter of 2018 was positively impacted by non-cash adjustments related to the adoption of the new ASC 606 revenue recognition standard, net of related taxes, of $33 million.
• Diluted earnings per share for the quarter ending June 30, 2018, were $0.83, compared with $0.09 during the same period in 2017.

For earnings history and earnings-related data on DISH Network (DISH) click here.

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