Published on Satellite Markets (http://www.satellitemarkets.com)
The DIRECTV Group Report Strong First Quarter 2008 Results; Gains 275,000 Net Subscribers
By admin
Created 05/09/2008 - 23:40

El Segundo, Calif., May 8, 2008--The DIRECTV Group, Inc. (NASDAQ:DTV) reported that first quarter 2008 revenues increased 17% to $4.59 billion, operating profit before depreciation and amortization(1) (OPBDA) increased 27% to $1.18 billion and operating profit increased 17% to $657 million compared to last year's first quarter. The DIRECTV Group reported that first quarter net income of $371 million increased 10% and earnings per share increased 19% to $0.32 compared with the same period last year.  It also reported a net gain of 275,000 subscribers incresing its total subscribers base to 17.1 million.


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