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Satnews Daily
August 10th, 2009

Financially Speaking... EchoStar Corporation...


EchoStar Corporation (Nasdaq: SATS) has reported total revenue of $383 million for the quarter ended June 30, 2009, a 20.7 percent decrease compared with $483 million for the corresponding period in 2008.

EchoStar reported a net income attributable to common shareholders of $102 million for the quarter ended June 30, 2009, compared with a net income attributable to common shareholders of $48 million during the corresponding period in 2008. Basic earnings per share was $1.18 for the quarter ended June 30, 2009, compared with basic earnings per share of $0.53 during the corresponding period in 2008. Detailed financial data and other information are available in EchoStar’s Form 10-Q for the quarterly period ended June 30, 2009, filed today with the Securities and Exchange Commission. To read the entire financial report, access this direct link.