Echostar Corporation (SATS) Misses Q3 EPS by 12c, Revenues Miss

Echostar Corporation (NASDAQ: SATS) reported Q3 EPS of $0.12, $0.12 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $533 million versus the consensus estimate of $541.4 million.

• Consolidated revenues of $533.0 million.
• Consolidated net income from continuing operations of $16.5 million, consolidated net income attributable to EchoStar common stock of $16.1 million, and diluted earnings per share of $0.17. Included in these amounts are net gains on investments of $4.7 million. Excluding these net gains, diluted earnings per share would have been $0.12.
• Consolidated EBITDA of $220.2 million, including net gains on investments of $4.7 million. Excluding these net gains, EBITDA would have been $215.5 million

For earnings history and earnings-related data on Echostar Corporation (SATS) click here.

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