DirecTV reported a first-quarter profit of $730 million, helped by the addition of 279,000 net new subscribers.
The El Segundo company said it had a profit of $1.44 per share.
The results fell short of Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.52 per share.
The provider of satellite TV services posted revenue of $8.14 billion in the period, also missing analyst forecasts for $8.16 billion.
Last spring, AT&T Inc. agreed to buy DirecTV for $48.5 billion in a deal it hopes to complete by the end of June.