EchoStar Reports First Quarter 2014 Financial Results

Loading...
Loading...

ENGLEWOOD, Colo., May 9, 2014 /PRNewswire/ -- EchoStar Corporation SATS today reported total revenue of $826 million for the quarter ended March 31, 2014 compared to $795 million for the corresponding period in 2013.  Net income attributable to EchoStar common stock was $12.7 million and diluted earnings per share was $0.14 for the quarter ended March 31, 2014, compared with net income attributable to EchoStar common stock of $3.5 million and diluted earnings per share of $0.04 during the corresponding period in 2013.

Detailed financial data and other information are available in EchoStar's Form 10-Q for the quarter ended March 31, 2014 filed today with the Securities and Exchange Commission.

EchoStar will host its first quarter 2014 financial results conference call today at 11:00 a.m. ET. The dial-in numbers are 1-877-815-1625 (US) and 716-247-5178 (International), Conference ID # 34289154.

About EchoStar

EchoStar Corporation SATS is the premier global provider of satellite operations and video delivery solutions. EchoStar's wholly-owned subsidiary, Hughes, is the world's leading provider of satellite broadband services, delivering network technologies and managed services in more than 100 countries.

Headquartered in Englewood, CO, with additional business units world-wide, EchoStar is a multiple Emmy award-winning company that has pioneered advancements in the TV and satellite industries for nearly 30 years, consistently delivering value for customers, partners and investors. Over the last three decades EchoStar's contribution to video technology has had a major influence on the way consumers view, receive and manage TV programming.

EchoStar's consumer solutions include HughesNet®, North America's #1 high-speed satellite Internet service, Sling Media's Slingbox® products, and EchoStar's line of advanced digital video set-top box products for the European free satellite and terrestrial viewer markets.

For more information, please visit www.echostar.com.

SOURCE EchoStar Corporation

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...