U.S. satellite TV service provider Dish Network Corp reported better-than-expected quarterly profit and revenue on Friday, as the pace of subscriber losses for its pay-TV services slowed.
Dish has struggled to stem losses from cord-cutting as TV viewers increasingly move to online video streaming services.
It has tried to lure younger viewers to its $25-per-month Sling TV, but analysts have said the service has not replaced lost profits in Dish's satellite business.
Dish's churn rate, or the percentage of subscribers who leave a service provider, fell to 1.46 percent, compared with 1.83 percent last year.
Sling TV subscribers rose about 41,000.
Revenue fell 5 percent to $3.46 billion.
Net income attributable to the company rose to $439 million, or 83 cents per share, in the second quarter ended June 30 from $40 million, or 9 cents per share, a year earlier.
Analysts on average had expected earnings of 71 cents per share and revenue of $3.44 billion, according to Thomson Reuters I/B/E/S.