Topics

NFL Sunday Ticket (tv network)
DirecTV's third-quarter profit falls 13% but beats forecasts
DirecTV's third-quarter profit falls 13% but beats forecasts

DirecTV reported third-quarter profit that beat analysts' estimates as customers paid more for satellite-TV service in the U.S. Earnings of $1.33 a share, excluding one-time items, were higher than the average analyst estimate of $1.30. Customer losses at home and in Latin America were offset by revenue per user rising 4.8% in the U.S., according to a statement Thursday from the El Segundo company. DirecTV's net income fell 13% to $611 million in part because of currency devaluation in Venezuela. Revenue rose 6.3% to $8.37 billion. DirecTV relies on live sports packages, such as its recently renewed deal for NFL Sunday Ticket, to help hold on to TV customers and encourage them...

Loading