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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.


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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