- On February 23, 2023, DISH Network Corp (NASDAQ: DISH) disclosed getting hit by a network outage that compromised its internal servers and IT telephony during its earnings call.
- Dish consulted cyber-security experts and outside advisors to assist in evaluating the situation.
- Dish determined that the outage was due to a cyber-security incident and notified appropriate law enforcement authorities.
- Also Read: Notorious Hackers Briefly Compromise Coinbase Employee Information
- On February 27, 2023, Dish found that hackers extracted specific data from IT systems as part of this incident.
- The investigation may reveal that the extracted data includes personal information.
- The forensic investigation and assessment of the impact of this incident are ongoing.
- DISH, Sling, and its wireless and data networks remain operational; however, its internal communications, customer call centers, and internet sites have been affected.
- DISH Price Action: DISH shares closed lower by 6.48% at $11.41 on Tuesday.
Kontoor Brands Q3 Adj EPS $1.11 Beats $0.88 Estimate, Sales $606.52M Miss $610.35M Estimate
Kontoor Brands (NYSE:KTB) reported quarterly earnings of $1.11 per share which beat the analyst consensus estimate of $0.88 by 26.14 percent. This is a 13.28 percent decrease over earnings of $1.28 per share from the