Tracking pay-TV earnings in Q2 2016

quarterly earnings

How did pay-TV distributors including cable MSOs, IPTV operators and satellite providers, as well as relevant programmers and technology companies perform in 2016's second quarter? In this earnings summary, we list results for the biggest pay-TV industry players.

To compare results in this industry segment, check out our earnings summaries from the first quarter of 2016. Also, round out your telecom earnings knowledge with more summaries for the current quarter, updated at FierceTelecom and FierceWireless.

July 18

Netflix (NASDAQ: NFLX)
The closing out of Netflix's grandfathered subscription prices hit the SVOD service's subscription numbers hard in Q2, with only 160,000 new subscribers in the U.S. and only 1.52 million internationally – far lower than expected. However, the quarter still carried plenty of good news for Netflix: The service reported earnings per share of 9 cents on revenues of $2.11 billion, exceeding analyst predictions. U.S. revenues were up 18 percent year-over-year, and international revenue climbed 67 percent. Netflix also brought in an operating income of $70 million and a net income of $41 million, well above the $47 million and $9 million predictions, respectively.
- see this article
- visit Netflix's investor relations page

July 21

AT&T reported net domestic pay-TV customer losses of 49,000, with a strong gain of 342,000 DirecTV satellite subscribers being more than offset by losses of 391,000 U-verse TV users in the second quarter.
- see this article
- visit AT&T's investor relations page

Dish Network (NASDAQ: DISH)
Dish Network's customer losses exceeded even robust analysts forecast for the second quarter, with the DBS provider dropping a whopping 281,000 net pay-TV subscribers, the company reported.
- see this article
- visit Dish Network's investor relations page

July 26

Verizon (NYSE: VZ)
Verizon said it lost 41,000 FiOS video subscribers in the second quarter, as a seven-week CWA and IBEW worker strike impacted Verizon's ability to perform new installations and hurt its wireline business overall. It also lost 13,000 FiOS high-speed internet customers in the quarter.
- see this article
- visit Verizon's investor relations page

July 27

Arris reported its biggest revenue quarter ever, taking $1.73 billion in sales in the second quarter, a 37.3 percent year over year increase. Stanzione partially credited Pokémon for the successful quarter. 
- see this article
- visit Arris' investor relations page

In the second quarter, Comcast continued to report best-in-a-decade customer metrics, with the MSO reporting narrowed losses of just 4,000 pay-TV customers despite Q2 being the slowest period of the year for video subscriber growth.
- see this article
- visit Comcast's investor relations page

July 28

- visit Amazon's investor relations page

- visit CBS' investor relations page

Rovi Corp. (NASDAQ:ROVI)
- visit Rovi's investor relations page

August 2

Discovery Communications (NASDAQ: DISCA)
- visit Discovery's investor relations page

August 3

21st Century Fox (NASDAQ: FOXA)
- and Fox's investor relations page

CenturyLink (NYSE: CTL)
- visit CenturyLink's investor relations page

- visit Synacor's investor relations page

Time Warner Inc. (NYSE: TWC)
- visit Time Warner's investor relations page

August 4

- more AMC's investor relations page

Cable One
- visit Cable One's investor relations page

- visit Viacom's investor page

August 5

Liberty Media (NASDAQ: LMCA)
- visit Liberty Media's investor relations page

August 9

Altice USA (NYSE: CVC)
- visit Altice USA's investor relations page

Charter Communications (NASDAQ: CHTR)
- visit Charter Communications investor relations page

August 17

- visit Cisco's investor relations page


- visit Mediacom's investor relations page