2014

EchoStar Reports Second Quarter 2008 Financial Results

    ENGLEWOOD, Colo., Aug. 4 /PRNewswire-FirstCall/ -- EchoStar Corporation
 (Nasdaq:   SATS) today reported total revenue of $483 million for the quarter
 ended June 30, 2008, a 46.2 percent increase compared with $331 million for
 the corresponding period in 2007.
 
     EchoStar reported net income of $48 million for the quarter ended June
 30, 2008, compared with net losses of $15 million during the corresponding
 period in 2007. Basic earnings per share were $0.53 for the quarter ended
 June 30, 2008, compared with a basic loss per share of $0.16 during the
 corresponding period in 2007.
 
     Detailed financial data and other information are available in
 EchoStar's Form 10-Q for the quarterly period ended June 30, 2008, filed
 today with the Securities and Exchange Commission.
 
     About EchoStar Corporation
 
     EchoStar Corporation (Nasdaq:   SATS) operates two primary businesses:
 equipment sales and digital broadcast operations and satellite services.
 The equipment sales and digital broadcast operations business includes the
 Sling Media business; designs, develops and distributes set-top boxes and
 related products for direct-to-home satellite television service providers;
 and includes a network of seven full-service digital broadcast centers and
 leased fiber optic capacity with points of presence in approximately 150
 cities. The satellite services business provides service on nine owned and
 leased in-orbit satellites and includes related FCC licenses. Visit
 www.echostar.com for more information.
 
     EchoStar will host its Second Quarter 2008 earnings conference call
 today at 1 p.m. ET. The dial-in number is (877) 500-5931.
 
 
 

SOURCE EchoStar Corporation

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