Investing.com - DISH Network reported on Friday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
DISH Network announced earnings per share of $0.68 on revenue of $4.33B. Analysts polled by Investing.com anticipated EPS of $0.7366 on revenue of $4.38B.
DISH Network shares are down 33% from the beginning of the year and are trading at $27.48 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 11.32% from the start of the year.
DISH Network follows other major Communication Services sector earnings this month
DISH Network's report follows an earnings missed by Alphabet C on April 26, who reported EPS of $24.62 on revenue of $68.01B, compared to forecasts EPS of $25.59 on revenue of $68.06B.
Alphabet A had missed expectations on April 26 with first quarter EPS of $24.62 on revenue of $68.01B, compared to forecast for EPS of $25.74 on revenue of $68.06B.
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