DISH Network is a holding company that was organized in 1995 as a corporation under the laws of the State of Nevada. Its subsidiaries, together with DISH Network Corporation, are referred to as “DISH Network,” the “Company,” “we,” “us” and/or “our,” unless otherwise required by the context. DISH Network is a wholly-owned subsidiary of EchoStar Corporation (“EchoStar”), a publicly traded company listed on the NASDAQ Global Select Market (“NASDAQ”) under the symbol “SATS.” Our principal executive offices are located at 9601 South Meridian Boulevard, Englewood, Colorado 80112 and our telephone number is (303) 723-1000. We refer readers of this report to EchoStar’s Annual Report on Form 10-K for the year ended December 31, 2023.
Company profile
Ticker
DISH
Exchange
Website
CEO
W. Erik Carlson
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
ECHOSTAR COMMUNICATIONS CORP
SEC CIK
Corporate docs
Subsidiaries
DISH DBS Corporation • DISH Network L.L.C. • DISH Wireless Holding L.L.C. • DISH Wireless L.L.C. ...
IRS number
880336997
DISH stock data
Latest filings (excl ownership)
SC TO-I
Issuer tender offer statement
11 Oct 24
8-K
Announces Exchange Offers and Consent Solicitations for 0% Convertible Senior Notes due 2025 and 3.375% Convertible Senior Notes due 2026
10 Oct 24
8-K
Other Events
23 Sep 24
10-Q
2024 Q2
Quarterly report
13 Aug 24
SD
Conflict minerals disclosure
31 May 24
10-Q
2024 Q1
Quarterly report
15 May 24
10-K
2023 FY
Annual report
29 Mar 24
SC TO-I/A
Issuer tender offer statement (amended)
12 Feb 24
UPLOAD
Letter from SEC
30 Jan 24
15-12G
Securities registration termination
23 Jan 24
Transcripts
DISH
Earnings call transcript
2023 Q3
6 Nov 23
DISH
Earnings call transcript
2023 Q1
8 May 23
DISH
Earnings call transcript
2022 Q4
23 Feb 23
DISH
Earnings call transcript
2022 Q3
4 Nov 22
DISH
Earnings call transcript
2022 Q3
2 Nov 22
DISH
Earnings call transcript
2022 Q2
3 Aug 22
DISH
Earnings call transcript
2022 Q1
6 May 22
DISH
Earnings call transcript
2021 Q4
24 Feb 22
DISH
Earnings call transcript
2021 Q3
7 Nov 21
DISH
Earnings call transcript
2021 Q3
4 Nov 21
Latest ownership filings
SC 13G/A
EAGLE CAPITAL MANAGEMENT LLC
14 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
DODGE & COX
13 Feb 24
SC 13G/A
LOOMIS SAYLES & CO L P
13 Feb 24
SC 13G/A
Invesco Ltd.
1 Feb 24
SC 13G/A
BlackRock Inc.
24 Jan 24
4
Joseph T. Proietti
3 Jan 24
4
Kathleen Q Abernathy
3 Jan 24
4
George R Brokaw
3 Jan 24
4
Tom A Ortolf
3 Jan 24
Financial summary
| Quarter (USD) | Jun 24 | Mar 24 | Dec 23 | Sep 23 | |
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| Diluted EPS |
| Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 327.11 mm | 327.11 mm | 327.11 mm | 327.11 mm | 327.11 mm | 327.11 mm |
| Cash burn (monthly) | 13.64 mm | 64.51 mm | 83.43 mm | 195.00 mm | (no burn) | (no burn) |
| Cash used (since last report) | 48.16 mm | 227.70 mm | 294.49 mm | 688.30 mm | n/a | n/a |
| Cash remaining | 278.95 mm | 99.41 mm | 32.61 mm | -361.19 mm | n/a | n/a |
| Runway (months of cash) | 20.4 | 1.5 | 0.4 | -1.9 | n/a | n/a |
Institutional ownership, Q2 2024
0.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 1 |
| Opened positions | 1 |
| Closed positions | 3 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 74.85 mm |
| Total shares | 4.20 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Loomis Sayles & Co L P | 4.20 mm | $74.85 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 23 | Ergen Charles W | Class A Common Stock | Sale back to company | Dispose D | Yes | No | 0 | 21,589 | 0.00 | 0 |
| 31 Dec 23 | Ergen Charles W | Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 85,582 | 0.00 | 0 |
| 31 Dec 23 | Ergen Charles W | Employee Stock Option Class A Common Stock | Sale back to company | Dispose D | No | No | 35.42 | 50,000 | 1.77 mm | 0 |
| 31 Dec 23 | Ergen Charles W | Employee Stock Option Class A Common Stock | Sale back to company | Dispose D | No | No | 35.42 | 100,000 | 3.54 mm | 0 |
| 31 Dec 23 | Ergen Charles W | RSU Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 1,178 | 0.00 | 0 |
| 31 Dec 23 | Ergen Charles W | Employee Stock Option Class A Common Stock | Sale back to company | Dispose D | No | No | 27.71 | 12,500,000 | 346.38 mm | 0 |
| 31 Dec 23 | Ergen Charles W | Employee Stock Option Class A Common Stock | Sale back to company | Dispose D | No | No | 57.93 | 60,000 | 3.48 mm | 0 |
| 31 Dec 23 | Ergen Charles W | Class B Common Stock Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 144,588 | 0.00 | 0 |
| 31 Dec 23 | Ergen Cantey | Class A Common Stock | Sale back to company | Dispose D | Yes | No | 0 | 2,817 | 0.00 | 0 |
| 31 Dec 23 | Ergen Cantey | Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 448 | 0.00 | 0 |