EchoStar: Q1 Earnings Snapshot
By Ap News
Published - May 08, 2024, 07:42 AM ET
Last Updated - May 08, 2024, 07:42 AM EDT
ENGLEWOOD, Colo. (AP) — ENGLEWOOD, Colo. (AP) — EchoStar Corp. (SATS) on Wednesday reported a loss of $107.4 million in its first quarter.
On a per-share basis, the Englewood, Colorado-based company said it had a loss of 40 cents.
The seller of set-top boxes and provider of satellite services to Dish Network posted revenue of $4.01 billion in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $4.07 billion.
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