EchoStar Corp. (SATS) released Loss for its third quarter that increased from last year and missed the Street estimates.
The company's bottom line came in at -$141.81 million, or -$0.52 per share. This compares with -$138.37 million, or -$0.51 per share, in last year's third quarter.
Analysts on average had expected the company to earn -$0.39 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 5.3% to $3.891 billion from $4.109 billion last year.
EchoStar Corp. earnings at a glance (GAAP) :
-Earnings (Q3): -$141.81 Mln. vs. -$138.37 Mln. last year.-EPS (Q3): -$0.52 vs. -$0.51 last year.-Revenue (Q3): $3.891 Bln vs. $4.109 Bln last year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.