DirecTV beats estimations

Satellite Television provider DirecTV Group Corporation. stated Thursday that it is net gain within the second quarter elevated 29 percent since it's customer base increased, particularly in Latin America.But the organization added far less customers within the U.S. of computer has in the past quarters -- 26,000 in comparison with 100,000 within the same period last year. Its shares fell 3 % in premarket buying and selling.The country's second-greatest provider of pay-TV services stated Thursday that it is net gain rose to $701 million, or 91 cents per share. That's up from $543 million, or 42 cents per share, last year.Its revenue increased 13 percent to $6.6 billion from $5.85 billion.Experts had expected earnings of 85 cents per share on revenue of $6.55 billion, based on FactSet.The organization added 472,000 internet customers in Latin America throughout the quarter, ending the time with 6.7 million. The demand was mainly from South america. Within the U.S., its primary supply of revenue, it ended the quarter with 19.4 million customers.Nomura analyst Mike McCormack had expected the organization to include 460,000 customers in Latin America and 56,000 within the U.S. -- the second a lot more than two times around what the organization reported.DirecTV, that is located in El Segundo, Calif., blamed competition and "ongoing economic weakness" because of its lackluster customer development in the U.S.The organization has a lot more than tens of millions of customers in Latin America, but it doesn't own a complete stake in most of their companies in the area. Due to this, the amount of customers it claims for is lower.The business's shares fell $1.46, or 3 %, to $48.01 in premarket buying and selling Thursday. Contact the range newsroom at news@variety.com