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EchoStar 2Q Revenue Rises 17% to $2.46-B |
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ENGLEWOOD, Colo., Aug. 11, 2006/Satnews Daily/ ― EchoStar Communications Corporation (Nasdaq:DISH) reported on Thursday total revenue of $2.46 billion for the quarter ended June 30, 2006, a 17 percent increase compared with $2.10 billion for the corresponding period in 2005.
Net income totaled $169 million for the quarter ended June 30, 2006, compared with net income of $856 million during the corresponding period in 2005. Basic earnings per share was $0.38 for the quarter ended June 30, 2006, compared with a basic income per share of $1.89 during the corresponding period in 2005.
Net income for the quarter ended June 30, 2005, included a non-recurring, non-cash benefit of approximately $593 million to recognize the tax benefits of previously reported tax losses.
DISH Network added approximately 195,000 net new subscribers during the second quarter of 2006, ending the quarter with approximately 12.46 million subscribers.
Space Systems/Loral Selected to Build New Satellite for EchoStar WildBlue Distribution Deals With DirecTV and EchoStar EchoStar Net Income Drops to $147-M in 1Q 2006 Sea Launch Signs Launch Contract for New EchoStar Spacecraft |
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