DirecTV Misses Q2 Earnings Targets As U.S. Subscriptions Decline

By | Thursday August 2, 2012 @ 5:20am PDT

It’s believed to be the first time that DirecTV has lost subscribers in the U.S., and the drop — of 52,000 to 19.9M — was bigger than many analysts expected. In Q2 the satellite company generated $716M in net … Read More »

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DirecTV Q1 Earnings In Line With Forecasts, But Light On Sub Growth

By | Tuesday May 8, 2012 @ 5:08am PDT

The stock is down slightly in pre-market trading after the No. 1 satellite company issued a Q1 earnings report that seems to justify the cases for both bulls and bears. DirecTV generated net income of $741M, up 8.5% vs the … Read More »

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UPDATE: DirecTV Renews Deal With AT&T, But Laments Rising Programming Costs Following Strong 3Q

UPDATE, 11:30 AM: DirecTV shares are up 6.3% after it reported better-than-expected sub growth in 3Q — and a three year extension of its deal with AT&T to sell co-branded TV, broadband, and wired and wireless phone services in 22 states. The agreement, which now runs through March 2015, covers areas where AT&T does not offer its U-verse video service. There’s “no material change” in the terms, DirecTV CEO Mike White told analysts in a conference call. He added that it’s “too soon to say” whether DirecTV will offer more bundles with Verizon broadband services.  ”The question will be how customer friendly the (Internet usage) caps are.”  White says he talks to everybody about packaging broadband service with DirecTV — and that could include Dish Network if it uses the wireless spectrum it’s amassing to sell a wireless Internet service. DirecTV is “thinking Read More »

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UPDATE: DirecTV Shares Fall In Early Trading; Concerns About Slowing U.S. Growth Outweigh Strong 2Q Results

By | Thursday August 4, 2011 @ 5:28am PDT

UPDATE, 7:15 AM: Investors appear to be more concerned this morning about DirecTV’s potential weakness in the U.S. than they are with its better-than-expected financial performance in 2Q. The stock price is down Read More »

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