EchoStar Reports Second Quarter 2015 Financial Results

Aug 06, 2015, 08:00 ET from EchoStar Corporation

ENGLEWOOD, Colo., Aug. 6, 2015 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) today reported total revenue of $794 million for the quarter ended June 30, 2015 compared to $880 million for the corresponding period in 2014.  Net income attributable to EchoStar common stock was $33.9 million and diluted earnings per share was $0.36 for the quarter ended June 30, 2015, compared with net income attributable to EchoStar common stock of $33.8 million and diluted earnings per share of $0.36 during the corresponding period in 2014.

For the six month period ended June 30, 2015, total revenue was $1,592 million compared to $1,706 million for the six months ended June 30, 2014. Net income attributable to EchoStar common stock was $67.3 million and diluted earnings per share was $0.72 for the six month period ended June 30, 2015 compared to net income attributable to EchoStar common stock of $46.4 million and diluted earnings per share of $0.50 for the corresponding period in 2014.  

Detailed financial data and other information are available in EchoStar's Form 10-Q for the quarter ended June 30, 2015 filed today with the Securities and Exchange Commission.

EchoStar will host its second quarter 2015 financial results conference call today at 11:00 a.m. ET. The dial-in numbers are 1-877-815-1625 (US) and 716-247-5178 (International), Conference ID # 92633148.

About EchoStar

EchoStar Corporation (NASDAQ: SATS) is a premier global provider of satellite and video delivery solutions. Headquartered in Englewood, Colo., and conducting business around the globe, EchoStar is a pioneer in secure communications technologies through its EchoStar Satellite Services, EchoStar Technologies Corporation and Hughes Network Systems business segments.

For more information, visit echostar.com, Follow @EchoStar on Twitter.

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SOURCE EchoStar Corporation



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