February 13, 2019 / 11:13 AM / in 5 months

Dish reports 5 percent drop in quarterly revenue

Feb 13 (Reuters) - Dish Network Corp on Wednesday reported a nearly 5 percent drop in quarterly revenue, as the U.S. satellite TV service provider lost more-than-expected pay-TV subscribers.

Net income attributable to Dish Network fell to $337 million, or 64 cents per share, in the fourth quarter ended December 31 from $1.39 billion, or $2.64 per share, a year earlier when it recorded an about $1.2 billion tax gain.

Revenue fell to $3.31 billion from $3.48 billion. (Reporting by Sayanti Chakraborty in Bengaluru; Editing by Arun Koyyur)

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