Dish Network’s Profit, Earnings Drop Along With Subscribers

Total pay-TV customers decreased by 12,000 in 2014’s Q3

Dish Network saw its third quarter 2014 profits and earnings drop as subscribers headed for the hills.

The company reported revenue of $3.68 billion for 2014’s third quarter, up from $3.51 billion in 2013’s Q3 — that was pretty much the only financial highlight on Tuesday’s press release. Net income fell from $315 million to $146 million across the same quarter year-over-year.

Also read: CNN, Cartoon Network Among Turner Networks Dropped by Dish During Carriage Dispute

Likewise, diluted earnings per share for the quarter ending Sept. 30, 2014 were more than halved at $0.31, compared with $0.68 during the same period in 2013.

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