Investor's Business Daily - The U.S. satellite TV operator's Q4 EPS jumped 54% to 74 cents, topping expectations by 12 cents, on subscriber gains in the U.S. and Latin America. Revenue rose 11% to $6.62 bil, beating views for $6.52 bil. DirecTV (NMS
TV) said it added a net 667,000 subscribers in Q4, the most in any quarter in a decade, citing its DVR and high-definition features. Cable companies, meanwhile, have lost subscribers recently. Shares rose 1.8% to 45.03.
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TV) said it added a net 667,000 subscribers in Q4, the most in any quarter in a decade, citing its DVR and high-definition features. Cable companies, meanwhile, have lost subscribers recently. Shares rose 1.8% to 45.03.More...