Investing.com - DISH Network reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
DISH Network announced earnings per share of $0.87 on revenue of $4.45B. Analysts polled by Investing.com anticipated EPS of $0.8693 on revenue of $4.48B.
DISH Network shares are down 14% from the beginning of the year and are trading at $27.59 , down-from-52-week-high.They are outperforming the Nasdaq which is down 16.67% from the start of the year.
DISH Network follows other major Communication Services sector earnings this month
DISH Network's report follows an earnings beat by Alphabet C on February 1, who reported EPS of $30.69 on revenue of $75.33B, compared to forecasts EPS of $27.8 on revenue of $72.27B.
Meta Platforms had missed expectations on February 2 with fourth quarter EPS of $3.67 on revenue of $33.67B, compared to forecast for EPS of $3.84 on revenue of $33.37B.
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