Dish lost 281,000 subscribers versus 81,000 in the same quarter a year ago. This includes results from its digital video service Sling TV.
Overall, Dish now has 13.6 million subscribers; a year ago at the end of the second quarter, Dish total 13.9 million subscribers. Analysts say Sling TV -- which launched a year and a half ago -- has around 700,000 subscribers.
Dish’s net income grew 27% to $410 million from $324 million in the second-quarter 2015, with total revenue virtually unchanged -- $3.84 billion versus $3.83 billion.
Its average price per consumer has grown to $89.98 a month from $87.91.
Analysts were expecting slightly higher revenues -- but net income over-delivered. Dish lost about 15,000 broadband subscribers; now totaling 613,000 subscribers.
Initially, Dish stock price sank 4% after the news was released early Thursday. But by mid-day the stock recovered -- down just 0.2% to $51.87.
Dish’s stock has sunk 24% during the past year from a high of $68.22 closed on August 5th.