From the Wires
EchoStar Reports Third Quarter 2012 Financial Results
By: PR Newswire
Nov. 6, 2012 08:01 AM
ENGLEWOOD, Colo., Nov. 6, 2012 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) today reported total revenue of $765 million for the quarter ended September 30, 2012 compared to $863 million for the corresponding period in 2011.
EchoStar reported net income attributable to EchoStar shareholders of $22.6 million for the quarter ended September 30, 2012, compared with a net loss attributable to EchoStar shareholders of $19.1 million during the corresponding period in 2011. Diluted earnings per share was $0.26 for the quarter ended September 30, 2012 compared with diluted loss per share of $0.22 for the corresponding period in 2011.
Detailed financial data and other information are available in EchoStar's Form 10-Q for the quarterly period ended September 30, 2012, filed today with the Securities and Exchange Commission.
EchoStar will host its third quarter 2012 financial results conference call today at 1:30 p.m. ET. The dial-in numbers are (877) 500-5931 (U.S.) and (973) 409-9618 (international).
EchoStar Corporation (NASDAQ: SATS) is the premier global provider of satellite operations and video delivery solutions. EchoStar's wholly-owned subsidiary, Hughes, is the world's leading provider of satellite broadband services, delivering network technologies and managed services in more than 100 countries.
EchoStar's consumer solutions include HughesNet®, North America's #1 high-speed satellite Internet service, Sling Media's Slingbox® products, and EchoStar's line of advanced digital video products for the European free satellite and terrestrial viewer markets.
For more information, please visit www.echostar.com.
SOURCE EchoStar Corporation
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