DISH Network Corp (OQ:DISH)

Sector:  Consumer Cyclicals Industry:  Broadcasting
See Regulatory Filings on SEC
Company Contact
Address: 9601 S Meridian Blvd
ENGLEWOOD CO 80112-5905
Tel: 1-303-7232210
IR: See website
Key People
Charles W. Ergen
Executive Chairman of the Board
Brian V. Neylon
Executive Vice President, Group President, DISH TV
W. Erik Carlson
President, Chief Executive Officer
Paul W. Orban
Chief Financial Officer, Executive Vice President
John W. Swieringa
Chief Operating Officer, Executive Vice President
David A. Scott
Chief Human Resource Officer, Executive Vice President
Timothy A. Messner
Executive Vice President, General Counsel
James DeFranco
Executive Vice President, Director
Thomas A. Cullen
Executive Vice President - Corporate Development
Jeffrey L. McSchooler
Executive Vice President - Engineering and Broadcast
Business Overview
DISH Network Corporation is a holding company. The Company operates through two segments: Pay-TV and Broadband, and Wireless. It offers pay-TV services under the DISH brand and the Sling brand (collectively Pay-TV services). The DISH branded pay-TV service consists of Federal Communications Commission (FCC) licenses authorizing it to use direct broadcast satellite and Fixed Satellite Service spectrum, its owned and leased satellites, receiver systems, third-party broadcast operations, customer service facilities, a leased fiber optic network, in-home service and call center operations, and certain other assets utilized in its operations. The Sling branded pay-TV services consist of live, linear streaming over-the-top Internet-based domestic, international and Latino video programing services. The Company markets broadband services under the dishNET brand. The Company makes investments in the research and development, wireless testing and wireless network infrastructure.
Financial Overview
For the nine months ended 30 September 2019, DISH Network Corp revenues decreased 7% to $9.57B. Net income decreased 18% to $1.01B. Revenues reflect Canada and Mexico segment decrease of 3% to $33.2M. Net income also reflects Pay-TV segment income decrease of 17% to $1.41B, Wireless segment loss increase of 76% to $50.3M. Basic Earnings per Share excluding Extraordinary Items decreased from $2.64 to $2.13.
Employees: 16,000 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $31,756M as of Sep 30, 2019
Annual revenue (TTM): $12,874M as of Sep 30, 2019
EBITDA (TTM): $2,467M as of Sep 30, 2019
Net annual income (TTM): $1,347M as of Sep 30, 2019
Free cash flow (TTM): $1,958M as of Sep 30, 2019
Net Debt Last Fiscal Year: $12,540M as of Sep 30, 2019
Shares outstanding: 493,058,488 as of Nov 25, 2019
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization