Dish Results Beat Estimates Shares Rise

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Dish Results Beat Estimates Shares Rise

– U.S. satellite TV provider Dish Network Corp (DISH.O) reported better-than-expected quarterly profit and revenue on Friday, as the company lost fewer subscribers than expected.

Dish shed a net 192,000 satellite customers during the second quarter, below analyst expectations for losses of 235,000 customers, according to research firm FactSet.

Shares of Dish rose 10.5 percent to $33.00 in morning trading.

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