DirecTV, the No.1 U.S. satellite TV provider, reported a quarterly profit above analysts' expectations as it earned more from each subscriber in the United States.
But the company, being bought by AT&T Inc for $48.5 billion, lost subscribers for the second quarter in a row to competitors, including cable companies that offer broadband along with video at a discount.
"(DirecTV) always bravely claimed that having best-in-class video would always be enough, but even the bulls knew that eventually the music would stop," MoffetNathanson analysts Craig Moffett wrote in a note.
DirecTV said it lost 28,000 net subscribers in the United States between June and September because of promotional discounts by rivals, compared with 139,000 net subscriber additions a year earlier.
Analysts had expected it to add 66,000 users, according to market research firm StreetAccount.
Dish Network Corp, the second-largest U.S. satellite TV company, reported lower-than-expected quarterly revenue on Tuesday as it lost pay-TV subscribers due to increased competition.
"Cable companies come with broadband, which is more and more demanded by consumers, and in some cases, Comcast in particular, (offer) a much better video product to go with that broadband," Pacific Crest Securities analyst Andrew Hargreaves told Reuters.
"And that combination is gaining subs."
Comcast Corp added 315,000 net high-speed Internet subscribers in the third quarter, a 5.8 percent increase over a year earlier.
DirecTV's U.S. revenue rose 5.4 percent to $6.51 billion as price increases on programming packages boosted average revenue per user by 4.8 percent.
Net income attributable to the company fell to $611 million, or $1.21 per share, in the quarter ended Sept. 30, from $699 million, or $1.28 per share, a year earlier.
Excluding items, the company earned $1.33 per share, beating the average analyst estimate by 3 cents, according to Thomson Reuters I/B/E/S.
Revenue rose 6.3 percent to $8.37 billion. Analysts on average expected $8.3 billion.
Revenue from Latin America, which accounts for about a fifth of total revenue, rose 9.5 percent.
DirecTV shares were down marginally at $87.42 on the Nasdaq.
(Additional reporting by Ronald Grover in Los Angeles; Editing by Robin Paxton, Don Sebastian and Feroze Jamal)
.[G-A] Frank Sinatra - Discography (MP3@320Kbps)
Karzzz 2008 HD Movie With Sample 300mb (Hindi) {TheEmirsKrew}
Breaking Bad Season 3 Complete
Neck Deep - Rain In July
[HD 720p ITA DTS-AAC - ENG AAC] 8 Mile
Rayman 2: The Great Escapeipod.ipad.iphone
Angels and Demons Extended Cut 2009 720p BRRip x264-PLAYNOW
FHM - March 2014 PH.pdf
Evil Dead Telugu Dubbed Parts [1,2]
10 Free Nokia HD
Engineering Mathematics Kreyszig 7th Ed Solution Only
K-Lite Mega Codec Pack 9.3.0 Final[Windows]
Beck - Morning Phase [2014] [Mp3-320]-V3nom [GLT]
Kung Fu Panda 2008 iTALiAN 1080p BluRay x264-TRL
Max Payne 3 Retail ISO
Captain America The First Avenger (2011) BRRip x264 [Dual-Audio] [Eng-Hindi] [375MB]
Sword Art Online (Season 1) [1080p] (English Subs) ^AVCHD^
Zero No Tsukaima Complete BD [1280x720]
LOTR Battle For Middle Earth 2 CRACK
Jay Z And Kanye West - Watch The Throne Deluxe Edition CD FLAC 2011
Minecraft 1.2.5 Cracked [Online] [Updatable] [Server List]
Dune 2000 version 1.06 [.RAR] [Classic PC Game]
Yoddha All Published Comics
TreySongz-Ready album
Photoshop CS6 (The Missing Manual).pdf
留言列表
