Dish Network (DISH) lost more subscribers than expected.
The company shed 259,000 net subscribers in the first quarter, which includes both its streaming offering Sling and its old-fashioned satellite TV service.
That's a major increase from the same quarter a year ago, when it lost 94,000 subscribers. Analysts expected Dish to lose 242,000 subscribers.
Sling added just 7,000 subscribers, compared to the 91,000 subscribers it added for the first quarter of 2018. CNN's parent company, WarnerMedia, owns Sling-competitor DirecTV Now, lost subscribers this quarter.
The stock is flat in premarket trading.
https://www.cnn.com/business/live-news/stock-market-news-today-050319/index.html
2019-05-03 12:50:00Z
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