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EchoStar Posts $2.47-B Revenue in Third Quarter 2006 |
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ENGLEWOOD, Colo., Nov. 8, 2006/Satnews Daily/ ― EchoStar Communications Corporation (Nasdaq:DISH) reported on Tuesday total revenue of $2.47 billion for the quarter ended September 30, 2006, a 16 percent increase compared with $2.13 billion for the corresponding period in 2005.
Net income totaled $140 million for the quarter ended September 30, 2006, compared with $209 million during the corresponding period in 2005.Basic earnings per share was $0.31 for the quarter ended September 30, 2006, compared with $0.46 during the corresponding period in 2005.
Net income for the quarter ended September 30, 2005, included a non-recurring, non-cash benefit of approximately $73 million to recognize the tax benefits of previously reported tax losses.
Dish Network said it added approximately 295,000 net new subscribers during the third quarter of 2006, ending the quarter with approximately 12.755 million subscribers.
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