EchoStar Corporation is reporting total revenue of $627 million for the quarter ended March 31, 2010, a 31 percent increase compared with $480 million for the corresponding period in 2009. EchoStar reported a net income of $72 million for the quarter ended March 31, 2010, compared with a net loss of $1 million during the corresponding period in 2009. Basic earnings per share was $0.85 for the quarter ended March 31, 2010, compared with basic loss per share of $0.01 during the corresponding period in 2009. Detailed financial data and other information are available in EchoStar's Form 10-Q for the quarterly period ended March 31, 2010, filed with the Securities and Exchange Commission.
Satnews Daily
May 10th, 2010
EchoStar Corp... Financially Speaking...
EchoStar Corporation is reporting total revenue of $627 million for the quarter ended March 31, 2010, a 31 percent increase compared with $480 million for the corresponding period in 2009. EchoStar reported a net income of $72 million for the quarter ended March 31, 2010, compared with a net loss of $1 million during the corresponding period in 2009. Basic earnings per share was $0.85 for the quarter ended March 31, 2010, compared with basic loss per share of $0.01 during the corresponding period in 2009. Detailed financial data and other information are available in EchoStar's Form 10-Q for the quarterly period ended March 31, 2010, filed with the Securities and Exchange Commission.