DirecTV grows Q1 revenues 4%, profits lower

Tuesday 5 May 2015 | 16:53 CET | News
DirecTV reported first-quarter revenues up 4 percent year-on-year to USD 8.14 billion, as ARPU growth in the US helped offset negative currency effects in Latin America. Adjusted OPBDA and adjusted operating profit declined to USD 2.12 billion and USD 1.39 billion, respectively, hurt by lower margins at Sky Brasil mainly due to customer system migration issues, higher programming and subscriber acquisition expenses in the US and costs for its pending takeover by AT&T. Adjusted net profit fell USD 730 million or USD 1.44 per share, mainly due to forex charges and the underlying drop in

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Categories: Broadcast & Satellite
Companies: DirecTV
Countries: Latin America / United States
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