Dish Network posts lower quarterly profit

(Reuters) – Dish Network Corp, the second-largest satellite TV operator in the United States, posted a lower quarterly profit.

The net income fell to $225.7 million, or 50 cents per share, in the second quarter, from $334.8 million, or 75 cents per share, a year earlier.

Revenue was $3.30 billion.

The company had said in a regulatory filing in July that it lost 10,000 net subscribers in the three months ended June 30, and was a vast improvement from a year earlier when the company lost 135,000 subscribers.

(Reporting by Neha Alawadhi in Bangalore; Editing by Supriya Kurane)

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