EchoStar Reports Third Quarter 2010 Financial Results
ENGLEWOOD, CO -- (MARKET WIRE) -- 11/05/10 --
EchoStar Corporation (NASDAQ: SATS) today reported total revenue of $607 million for the quarter ended September 30, 2010, a 25.7 percent increase compared with $483 million for the corresponding period in 2009.
EchoStar reported net income attributable to EchoStar common shareholders of $5 million for the quarter ended September 30, 2010, compared with net income of $294 million during the corresponding period in 2009. Basic earnings per share was $0.06 for the quarter ended September 30, 2010, compared with basic earnings per share of $3.45 during the corresponding period in 2009.
Detailed financial data and other information are available in EchoStar's Form 10-Q for the quarterly period ended September 30, 2010, filed today with the Securities and Exchange Commission.
EchoStar will host its Third Quarter 2010 financial results conference call today at 1 p.m. EDT. The dial-in number is (877) 500-5931.
About EchoStar Corporation
EchoStar Corporation (NASDAQ: SATS) provides equipment sales, digital broadcast operations, and satellite services that enhance today's digital TV lifestyle, including products from Sling Media, Inc., a wholly owned subsidiary. Headquartered in Englewood, Colo., EchoStar has more than 25 years of experience designing, developing and distributing award-winning television set-top boxes and related products for pay television providers and is creating hardware and service solutions for cable, telco, IPTV and satellite TV companies. EchoStar includes a network of 10 digital broadcast centers and leased fiber optic capacity. EchoStar also delivers satellite services through 10 satellites and related FCC licenses. Visit www.echostar.com.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Investor Relations Contact:
Source: EchoStar Corporation
News Provided by Acquire Media
Close window | Back to top