DIRECTV announced an increase in third quarter 2013 revenues of 6% to US$7.88 billion, operating profit before depreciation and amortization1 (OPBDA) of 15% to US$1.93 billion, operating profit of 15% to US$1.23 billion, and earnings per share of 42% to US$1.28 compared to last year’s third quarter.DIRECTV’s third quarter revenues of US$7.88 billion increased 6% principally due to higher ARPU at DIRECTV U.S. as well as subscriber growth at DIRECTV Latin America (DTVLA) and DIRECTV U.S. over the last twelve months. These increases were partially offset by lower ARPU at DTVLA primarily due to unfavorable changes in exchange rates.”DIRECTV’s diversified portfolio of businesses across the Americas delivered another solid quarter of consolidated results highlighted by strong top-line growth and continued operational discipline across disparate geographies, macro-economic conditions and competitive environments. We continue to extend our position as the world’s largest pay TV service by leveraging the strength of our premier brands and our differentiated suite of products and services across the Americas to drive industry leading growth,” said Mike White, president and CEO of DIRECTV. White added, “At the same time, our commitment to profitably grow our businesses through disciplined expense management and productivity improvements was clearly a highlight as operating profit before depreciation and amortization margin expanded driving double digit OPBDA and cash flow growth in the quarter.”
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