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EchoStar: Q2 Earnings Snapshot

EchoStar: Q2 Earnings Snapshot

By AP News
Published - Aug 09, 2024, 07:39 AM ET
Last Updated - Aug 09, 2024, 07:40 AM EDT

ENGLEWOOD, Colo. (AP) — ENGLEWOOD, Colo. (AP) — EchoStar Corp. (SATS) on Friday reported a loss of $205.6 million in its second quarter.

On a per-share basis, the Englewood, Colorado-based company said it had a loss of 76 cents.

The seller of set-top boxes and provider of satellite services to Dish Network posted revenue of $3.95 billion in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $3.98 billion.

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