Dish Network earned 35,000 net new subscribers in the third quarter, easily beating analysts’ expectations.
Wall Street analysts had forecast that the company would lose 39,000 subscribers, according to StreetAccount data. The company may have gained, just as rival DirecTV did, from the third-quarter standoff between CBS and Time Warner Cable in which TWC blacked out CBS in major markets for a month.
Also read: Who Won CBS’s Fight With Time Warner Cable? DirecTV
Last week, DirecTV reported gaining 139,000 net additions, nearly double the 70,000 analysts had expected.
Dish, the country’s second-largest satellite TV company reported net income of $315 million, or 68 cents per share, in the quarter ended September 30.