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Satnews Daily
May 11th, 2009

Financially Speaking... EchoStar Corporation...


EchoStar Corporation (Nasdaq: SATS) has reported total revenue of $480 million for the quarter ended March 31, 2009, a 13.5 percent decrease compared with $555 million for the corresponding period in 2008.

EchoStar reported a net loss of $645,000 for the quarter ended March 31, 2009, compared with a net income of $6 million during the corresponding period in 2008. Basic loss per share was $0.01 for the quarter ended March 31, 2009, compared with basic earnings per share of $0.06 during the corresponding period in 2008. To read the full report, select this direct link.