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- 02-26-2008 07:59 AM #1
DISH Network Reports Fourth Quarter 2007 Financial Results and Conf call Thread.
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DISH Network Reports Fourth Quarter 2007 Financial Results
ENGLEWOOD, Colo., Feb. 26, 2008 – DISH Network Corporation (Nasdaq: DISH), formerly EchoStar Communications Corporation, reported total revenue of $2.89 billion for the quarter ended Dec. 31, 2007, a 12 percent increase compared with $2.58 billion for the corresponding period in 2006.
Net income totaled $175 million for the quarter ended Dec. 31, 2007, compared with $153 million during the corresponding period in 2006. Basic earnings per share were $.39 for the quarter ended Dec. 31, 2007, compared with basic earnings per share of $.35 during the corresponding period in 2006.
For the year ended Dec. 31, 2007, DISH Network reported total revenue of $11.09 billion compared with $9.82 billion for the year ended Dec. 31, 2006, an increase of 13 percent. DISH Network’s net income for the year ended Dec. 31, 2007, totaled $756 million, compared with $608 million for the year ended Dec. 31, 2006. Basic earnings per share were $1.69 for the year ended Dec. 31, 2007, compared with basic earnings per share of $1.37 during the corresponding period in 2006.
DISH Network added approximately 85,000 net new subscribers during the quarter ended Dec. 31, 2007, giving the company approximately 13.78 million subscribers as of that date, an increase of 675,000 subscribers compared to the number of subscribers as of Dec. 31, 2006.
DISH Network completed the spin-off of its technology and certain infrastructure assets, including its set-top box business and certain satellites, through the distribution of shares in EchoStar Corporation on Jan. 1, 2008. Following the spin-off, DISH Network retains its pay-TV business. In connection with the spin-off, EchoStar Communications Corporation changed its name to “DISH Network Corporation.”
Detailed financial data and other information are available in DISH Network’s Form 10-K for the annual period ended Dec. 31, 2007, filed today with the Securities and Exchange Commission.
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About DISH Network Corporation
DISH Network Corporation (Nasdaq: DISH) provides more than 13.78 million satellite TV customers with industry-leading customer satisfaction, which has surpassed major cable companies for seven years running. DISH Network customers also enjoy access to a premier line of award-winning Digital Video Recorders (DVRs), hundreds of video and audio channels, the most International channels in the U.S., industry-leading Interactive TV applications, Latino programming, and the best sports and movies in HD. DISH Network offers a variety of package and price options including the lowest all-digital price in America, the DishDVR Advantage Package, high-speed Internet service, and a free upgrade to the best HD DVR in the industry. DISH Network is included in the Nasdaq-100 Index (NDX) and is a Fortune 300 company. Visit
DISH Network
or call 1-800-333-DISH (3474) for more information.
DISH Network will host its Fourth Quarter 2007 earnings conference call today at noon ET. The dial-in number is (800) 616-6729.
Scott
- 02-26-2008 07:59 AM # ADS
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- 02-26-2008 08:07 AM #2
Dish Network Corp. 2007 Annual Report:
http://files.shareholder.com/downloa...082/filing.pdf

- 02-26-2008 08:13 AM #3
SatelliteGuys Junkie
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Ouch. And DirecTV only did 200K more for the year.DISH Network added approximately 85,000 net new subscribers during the quarter ended Dec. 31, 2007, giving the company approximately 13.78 million subscribers as of that date, an increase of 675,000 subscribers compared to the number of subscribers as of Dec. 31, 2006.
Subscriber growth is definitely slowing now.
- 02-26-2008 08:25 AM #4
Dish vs. DirecTV
Qt. Sub Add. 85k vs. 275k
Qt. Profit 175mil vs. 1.1 billion
Churn 1.7 vs. 1.4
- 02-26-2008 10:00 AM #5
- 02-26-2008 10:03 AM #6
They're lying ! They're lying ! With the HUGE number of people who LEFT E* because of no new HD, there's no way they made more money than the year before and that they have an increase in customers !
- 02-26-2008 10:09 AM #7
- 02-26-2008 10:12 AM #8
Wow the numbers are that bad. Charlie needs to wake up!
But then again dish has over 100 HD channles... Yea right stop the enron counting!Any posts on this forum are my personal thoughts and do not represent the views or reflections of my current employer!
- 02-26-2008 10:13 AM #9
Is anybody going to monitor the earnings call at noon ET? Wonder what questions the analysts will have for Charlie, given the numbers reported by Direct and Dish, and what Charlie's response will be.

- 02-26-2008 10:46 AM #10
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Proud Staff MemberThe number to call in and listen is (877) 500-5931
Scott

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