DIRECTV GROUP… Financially Speaking…

The DIRECTV Group, Inc. (NASDAQ:DTV) has reported third quarter 2009 revenues increased 10 percent to US$5.47 billion, operating profit before depreciation and amortization1 (OPBDA) increased 8 percent to US$1.35 billion while operating profit increased 4 percent to US$685 million compared to last year’s third quarter. Third quarter net income attributable to The DIRECTV Group increased slightly to US$366 million, while diluted earnings per share increased 12 percent to $0.37 compared with the same period last year.


“DIRECTV’s third quarter results are consistent with our goal to drive substantial cash flow growth through a strategy of offering the best television experience to higher quality subscribers,” said Larry Hunter, interim chief executive officer of The DIRECTV Group, Inc. “Fueled by strong top-line growth and cost controls in both our U.S. and Latin American businesses, DIRECTV Group’s free cash flow increased 94 percent to a record $643 million in the quarter and has grown 32 percent to over $1.6 billion through the first nine months of 2009.” To read the entire financial report, access this direct link.