Investing.com - DISH Network (NASDAQ:DISH) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
DISH Network announced earnings per share of $0.82 on revenue of $4.21B. Analysts polled by Investing.com anticipated EPS of $0.646 on revenue of $4.24B.
DISH Network shares are down 47% from the beginning of the year, still down 63.01% from its 52 week high of $46.31 set on October 4, 2021. They are under-performing the Nasdaq which is down 21.07% from the start of the year.
DISH Network follows other major Communication Services sector earnings this month
DISH Network's report follows an earnings missed by Alphabet C on July 26, who reported EPS of $1.21 on revenue of $69.69B, compared to forecasts EPS of $1.27 on revenue of $69.8B.
Meta Platforms had missed expectations on July 27 with second quarter EPS of $2.46 on revenue of $28.82B, compared to forecast for EPS of $2.54 on revenue of $28.91B.
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