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dan9999
11-09-2009, 01:04 PM
DN Corporation Reports Third Quarter 2009 Financial Results

ENGLEWOOD, Colo., Nov 09, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- DN Corporation today reported total revenue of $2.892 billion for the quarter ended Sept. 30, 2009, a 1.5 percent decrease compared with $2.937 billion for the corresponding period in 2008.

Net income attributable to common shareholders totaled $81 million for the quarter ended Sept. 30, 2009, compared with $92 million during the corresponding period in 2008. Basic earnings per share were $0.18 for the quarter ended Sept. 30, 2009, compared with basic earnings per share of $0.20 during the corresponding period in 2008.

DN gained approximately 241,000 net subscribers during the quarter ended Sept. 30, 2009, ending the quarter with approximately 13.851 million subscribers.

Detailed financial data and other information are available in DN's Form 10-Q for the quarterly period ended Sept. 30, 2009, filed today with the Securities and Exchange Commission.

DN will host its Third Quarter 2009 financial results conference call today at noon ET. The dial-in number is (800) 616-6729.

One-Time Dividend

On Nov. 6, 2009, DN Corporation's Board of Directors declared a one-time dividend of $2.00 per share on outstanding Class A and Class B common stock. The dividend will be payable in cash on Dec. 2, 2009, to shareholders of record on Nov. 20, 2009.