Analysts Were Predicting Dish Net Would Lose Subs; Instead the Satellite Op Gained Subs; Stock Soars 6%

Aug 10, 2009  •  Post A Comment

Dish Network gained a net of just 26,000 subs in the second quarter, yet its stock gained 6% ($1.19) Monday. The reason: Analysts were actually expecting Dish to lose a net of more than 100,000 subs.

According to Dish EVP Tim Cullen, the surprise increase could have been caused by one of two reasons, according to Multichannel News.

One, the DTV transition, and two, new access cards Dish issued to help stem piracy

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