[SatNews] 2011—Hughes Communications, Inc. (NASDAQ: HUGH) (“Hughes”) has announced financial results for the first quarter ended March 31, 2011.

Hughes’ consolidated operations are classified into five reportable segments: North America Broadband, International Broadband, Telecom Systems, HTS Satellite, and Corporate and Other. The North America Broadband, International Broadband, Telecom Systems, and HTS Satellite segments represent all the operations of Hughes Network Systems, LLC (“HNS”), Hughes’ principal operating subsidiary.

First Quarter 2011 Financial Highlights

• Consolidated total revenues of $264 million, a 9 percent increase over the first quarter of 2010. Consolidated services revenues of $216 million, a 15 percent increase over the first quarter of 2010


• Consumer business sets new records with impressive growth over first quarter of 2010
• Total consumer revenue of $131 million for a growth of 15 percent
• Record subscriber gross adds of 77,000 for a growth of 34 percent
• Record net adds of 35,000 for a growth of 33 percent. – Consumer ARPU increased to $75 from $72 for the first quarter of 2010
• Churn of 2.3 percent compared to 2.0 percent in the first quarter of 2010
• Ending subscribers of 613,000, an increase of 16 percent over the subscriber base as of March 31, 2010


• Enterprise businesses show strong revenue growth of 10 percent over the first quarter of 2010 led by robust international growth Record Adjusted EBITDA of $58 million, an increase of 36 percent over the first quarter of 2010
• New orders of $266 million, an increase of 12 percent over the first quarter of 2010, with major orders from Sonic, GETN, Jiffy Lube, Murphy Oil and Regal Cinemedia in our North America broadband business; Yahsat, CJSC Synterra, IT Partners, Telefonica, COPEL and HDFC Bank in our International broadband business; and MEXSAT in our Telecom Systems business. Strong nonconsumer order backlog of $1.1 billion as of March 31, 2011, a growth of 32 percent over the backlog as of March 31, 2010
• Positive net cash from operating activities of $49 million compared to $13 million in the first quarter of 2010

To download the entire financial report, access this direct link.