DirecTV Posts Record Customer Additions on NFL Promotion
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DirecTV, the largest U.S. satellite-television provider, reported a 7.7 percent increase in third-quarter profit after a football promotion helped it gain U.S. subscribers. The shares advanced.
Net income climbed to $516 million, or 70 cents a share, from $479 million, or 55 cents, a year earlier, DirecTV said today in a statement. Sales increased 14 percent to $6.84 billion, compared with analysts’ $6.78 billion projection.