EchoStar Reports Third Quarter 2012 Financial Results
ENGLEWOOD, Colo., Nov. 6, 2012
ENGLEWOOD, Colo., Nov. 6, 2012 /PRNewswire/ --EchoStar Corporation (NASDAQ:
SATS) today reported total revenue of $765 million for the quarter ended
September 30, 2012 compared to $863 million for the corresponding period in
EchoStar reported net income attributable to EchoStar shareholders of $22.6
million for the quarter ended September 30, 2012, compared with a net loss
attributable to EchoStar shareholders of $19.1 million during the
corresponding period in 2011. Diluted earnings per share was $0.26 for the
quarter ended September 30, 2012 compared with diluted loss per share of $0.22
for the corresponding period in 2011.
Detailed financial data and other information are available in EchoStar's Form
10-Q for the quarterly period ended September 30, 2012, filed today with the
Securities and Exchange Commission.
EchoStar will host its third quarter 2012 financial results conference call
today at 1:30 p.m. ET. The dial-in numbers are (877) 500-5931 (U.S.) and (973)
EchoStar Corporation (NASDAQ: SATS) is the premier global provider of
satellite operations and video delivery solutions. EchoStar's wholly-owned
subsidiary, Hughes, is the world's leading provider of satellite broadband
services, delivering network technologies and managed services in more than
Headquartered in Englewood, CO, with additional business units world-wide,
EchoStar is a multiple Emmy award-winning company that has pioneered
advancements in the TV and satellite industries for nearly 30 years,
consistently delivering value for customers, partners and investors. Over the
last three decades EchoStar's contribution to video technology has been a
major influencer to shifts in the way consumers view, receive and manage TV
EchoStar's consumer solutions include HughesNet®, North America's #1
high-speed satellite Internet service, Sling Media's Slingbox® products, and
EchoStar's line of advanced digital video products for the European free
satellite and terrestrial viewer markets.
For more information, please visit www.echostar.com.
SOURCE EchoStar Corporation
Contact: Investor Relations: Deepak Dutt, +1-301-428-1686,
Deepak.Dutt@Hughes.com; Media Relations: Linda Haugsted, Bob Gold &
Associates, +1-310-784-1040, Linda@bobgoldpr.com
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