News / Business
(NASDAQ:DISH) Strikes 52-week High Stock after Earnings
52-week High
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he Englewood, Colorado-based company, which faces stiff competition from cable companies and larger satellite TV rival DirecTV Group (DTV.O), said net income fell to $81 million, or 18 cents a basic share, from $92 million, or 20 cents per basic share, a year earlier.
Revenue fell 1.5 percent to $2.89 billion, falling short of the average analyst estimate of $2.93 billion, according to Thomson Reuters I/B/E/S.
Today, the stock made a new 52-week high at $20.80.
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