Financials like "Dish"

Chinatown

Chinatown

Thread Starter
On Vacation
Oct 11, 2006
249
0
Wisconsin
"Shares of Dish Network Corp. rose $1.99, or 6.3 percent, to $33.55. An analyst at Kaufman Brothers upgraded the satellite TV operator Wednesday, the day after the company said first-quarter profit rose 65 percent."
 
KAB

KAB

SatelliteGuys Master
Pub Member / Supporter
Lifetime Supporter
Sep 20, 2005
20,894
4,231
Fishers, IN
It will be interesting to see what D*s profit percentage is.
 
airphotos

airphotos

SatelliteGuys Pro
Apr 25, 2008
247
0
Omaha
"Shares of Dish Network Corp. rose $1.99, or 6.3 percent, to $33.55. An analyst at Kaufman Brothers upgraded the satellite TV operator Wednesday, the day after the company said first-quarter profit rose 65 percent."

Yeah, the same outfit upgraded Crocs a quarter ago to a "Strong Buy" before earnings and the stock plunged 70%. Never listen to these analysts, they have their own agendas in mind, do your own research and decide whether or not Dish is a viable stock.

Also, take a look at S&P, they stand behind their opinion that Dish is a "strong sell." So, take these upgrades and downgrades with a grain of salt.
 
Peter Parker

Peter Parker

Formerly Geronimo
Supporting Founder
Lifetime Supporter
Sep 9, 2003
12,110
1,679
Pretty much neglected in our discussion of the earnings call (which turned into yet another VOOM thread) was the fact that they did turna first quarter profit and exceeded a lot of expectations.
 
G

Greg Bimson

SatelliteGuys Pro
Jan 21, 2004
1,863
0
Geronimo said:
Pretty much neglected in our discussion of the earnings call (which turned into yet another VOOM thread) was the fact that they did turna first quarter profit and exceeded a lot of expectations.
Well, one issue is that Dish Network only added 730K subscribers. In the same period last year, Dish Network added 890K subscribers. If Dish Network managed to add 890K in Q108, they'd have an almost non-existant profit, as the subscriber acquisition cost for those extra 160K would have been pretty large. DISH reported SAC as $709, so that cost would have been about $113.5 million. If that did happen, it would have been less profit than last year's first quarter...

Long story short, you are more profitable if you don't grow.
 
mike123abc

mike123abc

Too many cables
Supporting Founder
Sep 25, 2003
24,328
3,239
Norman, OK
Well, one issue is that Dish Network only added 730K subscribers. In the same period last year, Dish Network added 890K subscribers. If Dish Network managed to add 890K in Q108, they'd have an almost non-existant profit, as the subscriber acquisition cost for those extra 160K would have been pretty large. DISH reported SAC as $709, so that cost would have been about $113.5 million. If that did happen, it would have been less profit than last year's first quarter...

Long story short, you are more profitable if you don't grow.

That would be true if the 160K subscribers did not pay any programming fees. The SAC is of course offset by revenue. Also SAC are depreciated over several years based on the average term a Dish sub is likely to say, to the impact on the reported bottom line is smaller. So if the depreciation is 3 years, the SAC runs about $20/month.
 
Peter Parker

Peter Parker

Formerly Geronimo
Supporting Founder
Lifetime Supporter
Sep 9, 2003
12,110
1,679
Well, one issue is that Dish Network only added 730K subscribers. In the same period last year, Dish Network added 890K subscribers. If Dish Network managed to add 890K in Q108, they'd have an almost non-existant profit, as the subscriber acquisition cost for those extra 160K would have been pretty large. DISH reported SAC as $709, so that cost would have been about $113.5 million. If that did happen, it would have been less profit than last year's first quarter...

Long story short, you are more profitable if you don't grow.

I am not saying that the lack of sub growth should not ahve been brought up. I am just saying that it si odd that we discuss Q1 earnings without even mentioning what the earnings were---and the fact that increased earnings may have gotten some attention elsewhere.
 
tomcrown1

tomcrown1

SatelliteGuys Pro
Mar 20, 2008
2,321
16
San Francisco
I am not saying that the lack of sub growth should not ahve been brought up. I am just saying that it si odd that we discuss Q1 earnings without even mentioning what the earnings were---and the fact that increased earnings may have gotten some attention elsewhere.

The earnings is important. If Direct TV earnings went down or just stayed the same you can bet your donut that Direct TV will rishe their by a grat amount next year in order to increas profit margin.
 

Similar threads

R
Replies
9
Views
3K
Stargazer
Stargazer
KAB
Replies
15
Views
2K
I
Peter Iowa
Replies
5
Views
2K
Peter Iowa
Peter Iowa
K
Replies
2
Views
947
MattG@DISH
MattG@DISH
J
Replies
8
Views
1K
JS_racer
J

Users Who Are Viewing This Thread (Total: 0, Members: 0, Guests: 0)

Top