"DIRECTV's third quarter results are consistent with our goal to drive substantial cash flow growth through a strategy of offering the best television experience to higher quality subscribers," said Larry Hunter, interim chief executive officer of The DIRECTV Group, Inc. "Fueled by strong top-line growth and cost controls in both our U.S. and Latin American businesses, DIRECTV Group's free cash flow increased 94 percent to a record $643 million in the quarter and has grown 32 percent to over $1.6 billion through the first nine months of 2009." To read the entire financial report, access this direct link.
Satnews Daily
November 7th, 2009
DIRECTV GROUP... Financially Speaking...
The DIRECTV Group, Inc. (NASDAQ:DTV) has reported third quarter 2009 revenues increased 10 percent to US$5.47 billion, operating profit before depreciation and amortization1 (OPBDA) increased 8 percent to US$1.35 billion while operating profit increased 4 percent to US$685 million compared to last year's third quarter. Third quarter net income attributable to The DIRECTV Group increased slightly to US$366 million, while diluted earnings per share increased 12 percent to $0.37 compared with the same period last year.
"DIRECTV's third quarter results are consistent with our goal to drive substantial cash flow growth through a strategy of offering the best television experience to higher quality subscribers," said Larry Hunter, interim chief executive officer of The DIRECTV Group, Inc. "Fueled by strong top-line growth and cost controls in both our U.S. and Latin American businesses, DIRECTV Group's free cash flow increased 94 percent to a record $643 million in the quarter and has grown 32 percent to over $1.6 billion through the first nine months of 2009." To read the entire financial report, access this direct link.
"DIRECTV's third quarter results are consistent with our goal to drive substantial cash flow growth through a strategy of offering the best television experience to higher quality subscribers," said Larry Hunter, interim chief executive officer of The DIRECTV Group, Inc. "Fueled by strong top-line growth and cost controls in both our U.S. and Latin American businesses, DIRECTV Group's free cash flow increased 94 percent to a record $643 million in the quarter and has grown 32 percent to over $1.6 billion through the first nine months of 2009." To read the entire financial report, access this direct link.