DISH Network plunges 9% on earnings miss, CEO's resignation

Dish Networks shares fell about 9% in early Monday trade after the company reported weaker-than-expected results for the third quarter.

This way, DISH shifted from a net income of $412 million in the same period last year to a net loss of $139 million. The company concluded the quarter with a total of 8.84 million pay-TV subscribers. This figure comprises 6.72 million DISH TV subscribers and 2.12 million SLING TV subscribers.

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Dish Network Third-Quarter 2023 Earnings Report, Subscriber UpdateThe company, led by CEO Erik Carlson and chairman Charlie Ergen, reported its third-quarter results.
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Dish Stock Slides After Earnings, Revenue Miss. There’s Deal News Too.Dish posted a surprise third-quarter loss. The group is also selling its Puerto Rico and U.S. Virgin Islands assets.
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