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EchoStar: 2Q Earnings Snapshot

August 7, 2018

ENGLEWOOD, Colo. (AP) _ EchoStar Corp. (SATS) on Tuesday reported second-quarter profit of $77.2 million.

The Englewood, Colorado-based company said it had profit of 80 cents per share. Earnings, adjusted for investment gains, were 12 cents per share.

The seller of set-top boxes and provider of satellite services to Dish Network posted revenue of $526 million in the period.

EchoStar shares have decreased 24 percent since the beginning of the year. The stock has declined 24 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SATS at https://www.zacks.com/ap/SATS

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