pr-inside.com
Back
Print

EchoStar Reports Third Quarter 2009 Financial Results



2009-11-09 12:15:13 -

ENGLEWOOD, CO -- (Marketwire) -- 11/09/09 -- EchoStar Corporation (NASDAQ: SATS) today reported total revenue of $483 million for the quarter ended Sept. 30, 2009, a 21.6 percent decrease compared with $616 million for the corresponding period in 2008.



EchoStar reported a net income attributable to common shareholders of $294 million for the quarter ended Sept. 30, 2009, compared with a net loss attributable to common shareholders of $308 million during the corresponding period in 2008. Basic earnings per share was $3.45 for the quarter ended Sept. 30, 2009, compared with a basic loss per share of $3.43 during the corresponding period in 2008.



Detailed financial data and other information are available in EchoStar's Form 10-Q for the quarterly period ended Sept. 30, 2009, filed today with the Securities and Exchange Commission.



EchoStar will host its Third Quarter 2009 financial results conference call today at 1 p.m. ET. The dial-in number is (877) 500-5931.



About EchoStar Corporation


EchoStar Corporation (NASDAQ: SATS) provides equipment sales, digital broadcast operations, and satellite services that enhance today's digital TV lifestyle, including products from Sling Media, Inc., a wholly owned subsidiary. Headquartered in Englewood, Colo., EchoStar has 25 years of experience designing, developing and distributing award-winning television set-top boxes and related products for pay television providers and is creating hardware and service solutions for cable, telco, IPTV and satellite TV companies. EchoStar includes a network of 10 digital broadcast centers and leased fiber optic capacity with points of presence in approximately 160 U.S. cities. EchoStar also delivers satellite services through nine satellites and related FCC licenses. Visit www.echostar.com : www.echostar.com .

Investor Relations Contact:
Jason Kiser
Email Contact : www2.marketwire.com/mw/emailprcntct?id=824B6936A0DFA990
303-723-2210

Press Contact:
Marc Lumpkin
Email Contact : www2.marketwire.com/mw/emailprcntct?id=9A808CF0D658699F
303-706-5236


Press Information:




Contact Person:


Phone:
email: e-mail




Disclaimer: (c) 2012 Market Wire. All of the press releases contained herein are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Market Wire's, who warrant that they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction, other than for an individual user's personal reference, is prohibited without prior written permission.