DirecTV Reviews Third-Quarter Subs, Profit Increase

Satellite Television giant DirecTV on Thursday reported enhanced third-quarter financials because it added more customers than around-ago period. The organization, brought by chairmsn and Boss Mike Whitened, published a U.S. customer gain of 327,000 within the quarter ended Sept. 30. Within the same period last year, DirecTV had added 174,000 customers. It reported its National football league Sunday Ticket promotion like a key growth driver that brought to record gross additions of just one.28 million within the latest period. It had been the organization's greatest third quarter in seven years. DirecTV ended September with 19.76 million U.S. clients. In Latin America, DirecTV saw an archive 574,000 internet additions, as well as in Mexico, it added 238,000 internet customers. Overall, this meant an archive quarterly internet sub gain of just one.14 million. Third-quarter earnings of $516 million in comparison to $479 million around-ago period, up 8 percent, but slightly below analyst anticipation. Revenue rose 14 % to $6.84 billion, in front of Wall Street forecasts. "We intend to develop this momentum by debuting several compelling new items and services, together with a greatly enhanced DirecTV Anywhere offering which will enable customers to stream live TV programming as well as on-demand movies for their mobile products, in addition to a completely new HD interface and also the much anticipated launch in our home media center," stated Whitened. "We have exciting growth plans in Latin America once we be prepared to still greatly expand our customer base by providing the very best video experience to some quickly growing pay TV market through the region." Email: Georg.Szalai@thr.com Twitter: @georgszalai Related Subjects DirecTV Earnings