EchoStar: 2Q Earnings Snapshot
Aug. 07, 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.