DirecTV Makes First Quarter Gains With DVR Features, Latin American Subscribers

May 6, 2010  •  Post A Comment

DirecTV announced a net income growth of $558 million, or 59 cents a share, in the first quarter, beating analysts estimates for the U.S. satellite television provider, Bloomberg reports. 

The increase was bolstered by demand for high-definition and digital-recording services, as well as gains in subscribers in Latin America. 

Analysts had estimated a 46-cent a share average growth in one Bloomberg survey. The news of the first-quarter growth boosted DirecTV stocks, rising as high as 6.8%, or $37.64 a share. 


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