Echostar Corporation (SATS) Reports Q4 Revenues Miss

Echostar Corporation (NASDAQ: SATS) reported Q4 EPS of ($0.01), $0.26 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $531 million versus the consensus estimate of $546.55 million.

• Consolidated revenues of $531 million.
• Consolidated net loss from continuing operations of $112 million, consolidated net loss attributable to EchoStar common stock of $112 million, and diluted loss per share of $1.17. Included in these amounts are net losses on investments of $46 million and a non-recurring impairment charge of $65 million. Excluding these items, diluted loss per share would have been $0.01.
• Consolidated EBITDA of $85 million, including net losses on investments of $46 million and a non-recurring impairment charge of $65 million. Excluding these items, EBITDA would have been $196 million (see discussion and the reconciliation of GAAP to this non-GAAP measure below).

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

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