DISH Network reports financial results for the second quarter of 2022

ENGLEWOOD, Colo., August 3, 2022 /PRNewswire/ — DISH Network Corporation (NASDAQ: DISH) total reported income 4.21 billion dollars by the end of the quarter June 30, 2022compared to 4.49 billion dollars for the corresponding period in 2021.

Total net revenue attributable to DISH Network 523 million dollars for the second quarter of 2022, compared to 671 million dollars for the quarter of a year.

Diluted earnings per share were $0.82 for the second quarter, compared to $1.06 per share during the same period in 2021.

pay TV
Pay TV net subscribers decreased approximately 257,000 in the second quarter, compared to a net decline of approximately 67,000 in the year-ago quarter.

The company ended the quarter with 9.99 million pay TV subscribers, including 7.79 million DISH TV subscribers and 2.20 million SLING TV subscribers.

Wireless
Retail wireless subscribers decreased by approximately 210,000 in the second quarter, compared to a net decrease of 201,000 in the year-ago quarter.

The company ended the quarter with 7.87 million retail wireless subscribers.

Additional Details
Detailed financial and other information is available in DISH Network’s Form 10-Q for the quarter ended June 30, 2022, filed today with the Securities and Exchange Commission. DISH Network will host its Q2 2022 financial results conference call today at noon ET.

Conference numbers for participants: (800) 289-0720 (US) and (323) 701-0160; Conference ID: 4146227.

A replay of the webcast will be available on DISH’s Investor Relations website a http://ir.dish.comand will be available for 48 hours.

About DISH
DISH Network Corporation is a connectivity company. Since 1980, it has served as a disruptive force, driving innovation and value on behalf of consumers. Through its subsidiaries, the company delivers award-winning television entertainment and technology to millions of customers with its DISH and SLING TV satellite television services. In 2020, the company became a nationwide wireless carrier in the United States through the acquisition of Boost Mobile. DISH continues to innovate in the wireless sector, building the nation’s first virtualized O-RAN 5G broadband network. DISH Network Corporation (NASDAQ: DISH) is a Fortune 200 company.

For company information, visit about.dish.com

Quarterly metrics

Q2 2022

1st quarter of 2022

Q4 2021

3Q 2021

Q2 2021

1st quarter of 2021

4Q 2020

3Q 2020

Q2 2020

1st quarter of 2020

Other data:

Pay TV subscribers, end of period (in millions)

9,988

10,245

10,707

10,980

10,993

11,060

11,290

11,423

11,272

11,323

DISH TV subscribers, end of period (in millions)

7,791

7,993

8,221

8,424

8,554

8,686

8,816

8,965

9,017

9,012

Sling TV subscribers, end of period (in millions)

2,197

2,252

2,486

2,556

2,439

2,374

2,474

2,458

2,255

2,311

Pay TV subscriber additions (losses), net (in millions)

(0.257)

(0.462)

(0.273)

(0.013)

(0.067)

(0.230)

(0.133)

0.116

(0.096)

(0.413)

DISH TV subscriber additions (losses), net (in millions)

(0.202)

(0.228)

(0.203)

(0.130)

(0.132)

(0.130)

(0.149)

(0.087)

(0.040)

(0.132)

Sling TV subscriber additions (losses), net (in millions)

(0.055)

(0.234)

(0.070)

0.117

0.065

(0.100)

0.016

0.203

(0.056)

(0.281)

Pay TV ARPU

$101.30

$99.44

$97.53

$96.31

$96.32

$93.63

$94.47

$91.79

$92.17

$88.76

DISH TV subscriber additions, gross (in millions)

0.156

0.159

0.200

0.224

0.201

0.210

0.235

0.292

0.268

0.299

DISH TV Rotation Index

1.51%

1.59%

1.61%

1.39%

1.29%

1.30%

1.44%

1.41%

1.14%

1.54%

DISH TV SAC

$980

$1,088

$789

$824

$890

$790

$842

$864

$834

$861

Wireless subscribers, end of period (in millions)

7,867

8.203

8,546

8,774

8,895

8,894

9,055

9,418

–

–

Wireless subscriber additions, gross (in millions)

0.793

0.796

0.826

0.888

0.944

1,032

0.989

1.104

–

–

Wireless subscriber additions (losses), net (in millions)

(0.210)

(0.343)

(0.245)

(0.121)

(0.201)

(0.161)

(0.363)

(0.212)

–

–

Wireless ARPU

$37.90

$37.72

$38.76

$39.25

$39.10

$38.89

$38.32

$38.17

–

–

Wireless rotation speed

4.39%

4.64%

4.95%

4.67%

4.33%

4.44%

4.88%

4.64%

–

–

SOURCE DISH Network Corporation

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