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Monday, Satellite-delivered digital television services provider Dish Network Corp. (DISH) posted a 81.1% diminution in second-quarter profit, reflecting Tivo litigation costs and increased expenses.

But Tuesday EchoStar Corporation (SATS) gave the industry a little jolt with a stellar earnings performance and uprgades by analysts. The stock jumped from a close near $16 on Monday to a session-end $19 on Tuesday.

Last week, cable services provider Comcast Corp. (CMCSA, CMCSK) reported a 53% surge in profit for the second quarter from last year, helped by an increase in revenues and cost-control measures taken by the company during the quarter. The results for the quarter beat analysts expectations. However, the company's pace of subscriber growth continued to slow down amid increased competition and the recession. Second-Quarter Results.

DirecTV Group Inc. (DTV), on the other hand, reported a decline in profit for the second quarter from the year-ago period. Net income attributable to the company for the second quarter was $407 million, or $0.40 per share, down from $455 million, or $0.40 per share, in the same quarter last year. Revenues for the quarter increased to $5.22 billion from $4.81 billion in the prior-year quarter.

Global telecommunications service provider Qwest Communications International, Inc. (Q), who has been bundling DirecTV services and internet with phone service for its clients reported a 17.8% year-over-year increase in profit for the second quarter, boosted by improved operating margins across all business segments as well as lower costs, despite a 8.6% decline in quarterly revenues. However, quarterly earnings per share came in above analysts' expectations. Qwest's consumer average revenue per user or ARPU for the quarter increased 5.0%. The company also cut its forecast for fiscal 2009 capital expenditures.

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