ENGLEWOOD, Colo. (AP) _ Dish Network Corp. (DISH) on Monday reported fourth-quarter earnings of $732.6 million.
The Englewood, Colorado-based company said it had profit of $1.24 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 75 cents per share.
The satellite television provider posted revenue of $4.56 billion in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $4.54 billion.
For the year, the company reported profit of $1.76 billion, or $3.02 per share. Revenue was reported as $15.49 billion.
Dish shares have climbed 4% since the beginning of the year. The stock has fallen 18% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DISH at https://www.zacks.com/ap/DISH
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February 22, 2021 at 06:46PM
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