EchoStar

EchoStar Corp. engages in the design, development, and distribution of digital set-top boxes and products for direct-to-home satellite service providers. It operates through the following business segments: Hughes, and EchoStar Satellite Services (ESS). The Hughes segment provides broadband satellite technologies and broadband internet services to domestic and international consumer customers and broadband network technologies, managed services, equipment, hardware, satellite services and communication solutions to service providers and enterprise customers. The ESS segment owns and leases in-orbit satellites and licenses to lease capacity on a full time and occasional use. The company was founded by Charlie William Ergen, Candy Ergen, and James DeFranco in 1980 and is headquartered in Englewood, CO.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

EchoStar reports solid Q4 performance, eyes growth in enterprise

EchoStar's Q4 2022 performance showcased revenue growth, increased EBITDA, and strong enterprise order intake, with a focus on operational efficiencies and strategic business ventures.
The company faces challenges in balancing consumer and enterprise segment growth, managing overhead costs, and addressing uncertainties around new projects and market opportunities.
Opportunities lie in expanding enterprise business, optimizing capacity in key regions, leveraging upcoming satellite launches, and driving innovation through Horizon 3 strategy implementation.
Overall, EchoStar's performance, strengths, challenges, and opportunities position the company for a transition period in 2023, emphasizing growth in ESS business and global enterprise expansion.

EchoStar reports Q1 revenue dip but strong backlog growth

EchoStar's Q1 2023 showcased mixed financial performance with revenue decline but strong backlog growth and cash position, underpinned by operational efficiencies and strategic initiatives across Horizon phases.
While facing revenue challenges and global economic uncertainties, EchoStar's solid credit position and collaboration potential with DISH present avenues for sustained growth and innovation.
The ongoing CFO search and strategic focus on Horizon activities highlight EchoStar's commitment to financial prudence, operational excellence, and long-term value creation.

EchoStar and DISH merge to drive 5G growth and spectrum consolidation

EchoStar and DISH merger aims for synergy-driven growth, leveraging spectrum rights, AI, and 5G opportunities. Focus on network build-out progress, FCC obligations, and capital deployment for sustainable development. Challenges include regulatory requirements, timing of launches, and rural service obligations amidst industry dynamics.

EchoStar reports Q3 revenue decline, eyes enterprise market growth

EchoStar's Q3 performance reflects revenue and EBITDA declines, with a focus on cost management and strategic initiatives.
Strengths lie in the Horizon strategy, pending merger with DISH, and growth opportunities in the enterprise market.
Challenges include revenue decline, high capital expenditures, and potential limitations in the mobile market.
Opportunities exist in enterprise market growth, 5G infrastructure differentiation, and potential for future revenue growth.

EchoStar reports revenue decline, focuses on 5G growth opportunities

EchoStar's financial performance in 2023 was impacted by subscriber losses and impairment charges, but profitability was maintained in key segments.
The company is strategically positioned to leverage its strengths in satellite technology, streaming services, and 5G capabilities for sustainable growth.
Challenges include subscriber declines, impairment charges, and internal operational inefficiencies that EchoStar aims to address.
Opportunities lie in consumer wireless, enterprise services, partnerships with Amazon, and potential financing arrangements to support growth.

EchoStar reports progress in reducing expenses and attracting higher-value subscribers

EchoStar's Q1 2024 earnings call highlighted progress post-merger with DISH, focusing on reducing expenses, attracting higher-value subscribers, and improving operational efficiency. The company faces challenges from industry shifts but is working on improvements and cost-saving initiatives. Opportunities for growth lie in optimizing operations, acquiring higher-value customers, and reducing costs.

EchoStar reports Q2 revenue decline, focuses on operational improvements

EchoStar's Q2 2024 performance showed revenue exceeding $3.95 billion but declining by 9% YoY, with challenges in OIBDA and free cash flow. Strengths lie in operational improvements, Boost Mobile enhancements, and network optimization.
Challenges include declining revenue, negative free cash flow, and working capital fluctuations. Opportunities exist in refinancing, network deployment, and growth in mobile and Pay-TV segments.
Overall, EchoStar's focus on integration, cost management, and operational resilience positions the company to navigate challenges and capitalize on growth opportunities.

EchoStar reports mixed Q3 results, eyes spectrum asset value

EchoStar's Q3 2024 performance reflects mixed financial results with revenue at $3.9 billion, OIBDA at $317 million, and negative free cash flow of $219 million.
Strengths lie in debt reduction through the Video Services sale, operational enhancements in Retail Wireless, and achievements in the Broadband and Satellite Services segment.
Challenges include negative free cash flow, uncertainties in growth strategies, leveraging spectrum asset value, and potential integration issues post Video Services sale.
Opportunities exist in unlocking spectrum asset value, expanding Boost Mobile's 5G coverage, Apple retail store partnerships, and strategic collaborations in the satellite industry.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

EchoStar Corp. engages in the design, development, and distribution of digital set-top boxes and products for direct-to-home satellite service providers. It operates through the following business segments: Pay-TV, Retail Wireless, 5G Network Deployment and Broadband and Satellite Services. The Pay-TV segment business strategy is to be the best provider of video services in the United States by providing products with the best technology, outstanding customer service, and great value. The Retail Wireless segment offers Retail Wireless services as well as a competitive portfolio of wireless devices. The 5G Network Deployment segment business strategy is to commercialize Wireless spectrum licenses through the completion of 5G Network Deployment. The Broadband and Satellite Services segment business strategy is to maintain and improve leadership position and competitive advantage through development of technologies and services marketed to selected sectors within the consumer, enterprise and government markets globally. The company was founded by Charlie William Ergen, Candy Ergen, and James DeFranco in 1980 and is headquartered in Englewood, CO.

EchoStar (SATS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

EchoStar (SATS) Earnings Expected to Grow: What to Know Ahead of Q1 Release

Hughes equipment and satellite capacity to power internet service in 670 schools in the Antioquia school district GERMANTOWN, Md. , April 26, 2022 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for over 50 years, today announced that Hughes satellite internet service and equipment will be deployed by SDT Ingenieria to connect 670 schools in Colombia.

SDT Ingenieria to Connect Schools in Colombia with Internet Access from Hughes

Hughes ground system to enable 100 Gbps on the Nusantara Lima satellite to help bridge the digital divide GERMANTOWN, Md. , April 12, 2022 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for 50 years, today announced that PT Pasifik Satelit Nusantara (PSN), the oldest private telecommunication and information service provider in Indonesia, selected the Hughes JUPITER™ System to enable services on the Nusantara Lima very high-throughput satellite.

PSN Group Selects Hughes JUPITER System for Third Satellite Serving Indonesia

Turnkey managed LEO services available now to DoD for single- and multi-transport SATCOM implementations worldwide GERMANTOWN, Md. , April 5, 2022 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for 50 years, today announced it signed a distribution agreement with OneWeb Technologies Inc., a wholly owned subsidiary of OneWeb, to deliver managed Low Earth Orbit (LEO) services to the U.S. Department of Defense (DoD).

Hughes Announces Distribution Agreement with OneWeb Technologies

Should investors be excited or worried when a stock crosses above the 50-Day simple moving average?

EchoStar (SATS) Just Reclaimed the 50-Day Moving Average

GERMANTOWN, Md. , March 22, 2022 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for more than 50 years, successfully demonstrated two new technologies at the SATELLITE 2022 trade show in Washington, D.C.

Hughes Debuts Multi-Transport Satellite-LTE Capability, Unveils Groundbreaking New Flat Panel Antenna Technology for OneWeb Service

DISH Network

5G System from Hughes to Utilize Versatile Spectrum from DISH, Serve as Testbed for Advanced Network Infrastructure and Edge Cloud GERMANTOWN, Md., March 21, 2022 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for 50 years, today announced the award of an $18 million contract from the Department of Defense (DoD) to deploy a standalone 5G network at Naval Air Station Whidbey Island in Washington state.

Hughes Selected to Deploy Private 5G Network for DoD

EchoStar Corporation works as a satellite and telecommunications firm to offer worldwide services for its clients. Recent performance has been positive on the top line and the company generates strong cash flows even as profits are mixed.

EchoStar Corp.: A Cheap Way Into The Satellite Market

GERMANTOWN, Md. , March 1, 2022 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for 50 years, has been awarded a contract by the Texas Department of Information Resources (DIR) to offer managed telecommunications services in the State of Texas.

State of Texas Chooses Hughes for Managed Network Services Contract

EchoStar Corporation (SATS) CEO Michael Dugan on Q4 2021 Results - Earnings Call Transcript

EchoStar (SATS) delivered earnings and revenue surprises of -76% and 3.40%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

EchoStar (SATS) Misses Q4 Earnings and Revenue Estimates

ENGLEWOOD, Colo., Feb. 24, 2022 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) today announced its financial results for the three and twelve months ended December 31, 2021.

EchoStar Announces Financial Results for the Three and Twelve Months Ended December 31, 2021

ENGLEWOOD, Colo., Feb. 22, 2022 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) today announced that Hamid Akhavan will be appointed Chief Executive Officer and President, effective March 31, 2022.

ECHOSTAR TO NAME HAMID AKHAVAN AS CHIEF EXECUTIVE OFFICER AND PRESIDENT

GERMANTOWN, Md. , Feb. 22, 2022 /PRNewswire/ -- BurgerFi International Inc. ("BurgerFi"), owner of one of the nation's fastest-growing premium fast-casual and casual dining concepts through the BurgerFi brand, and the high quality, casual dining brand Anthony's Coal Fired Pizza & Wings ("Anthony's"), selected Hughes Network Systems, LLC (HUGHES), an innovator in multi-transport technologies and networks, to upgrade, optimize and manage network infrastructure and digital signage.

BurgerFi Selects Hughes to Support its Expanding Enterprise with Managed Network Services

ENGLEWOOD, Colo., Feb. 18, 2022 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) will host a conference call to discuss its fourth quarter and full year 2021 financial results on Thursday, February 24, at 3:00 p.m.

EchoStar Corporation Announces Conference Call For Fourth Quarter and Full Year 2021 Financial Results

LONDON and GERMANTOWN, Md., Feb. 17, 2022 /PRNewswire/ -- Inmarsat and Hughes Network Systems, LLC (HUGHES), today announced they have donated mobile satellite communications technology and services to the International Telecommunication Union (ITU) for use in developing nations facing natural and man-made disasters.

INMARSAT AND HUGHES SUPPORT ITU DISASTER RELIEF EFFORTS WITH $1.3 MILLION DONATION

EchoStar (SATS) to Report Q4 Results: Wall Street Expects Earnings Growth

GERMANTOWN, Md., Feb. 15, 2022 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for 50 years, today announced the successful three-month pilot of a new Community LTE service at five villages in Brazil.

Hughes Introduces First-of-its-Kind Community LTE Service

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Incisiv study: With Close to 70% of Revenue Coming from Digital Channels by 2025, Apparel Retail Must Improve Digital Capabilities to Ensure Growth

With Close to 70% of Revenue Coming from Digital Channels by 2025, Apparel Retailers Must Improve Their Digital Capabilities to Ensure Growth, Incisiv Report Shows

GERMANTOWN, and GAITHERSBURG, Md. , Jan. 25, 2022 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for 50 years, and Network Services Solutions (NSS), a premier provider of high quality complete network solutions, today announced an eight-year agreement to upgrade, expand and manage the satellite monitoring network for a large petroleum customer of NSS.

Hughes and Network Services Solutions to Deploy Enhanced Pipeline Monitoring Network

NEW DELHI and LONDON and GERMANTOWN, Md., Jan. 21, 2022 /PRNewswire/ -- OneWeb, the low Earth orbit satellite communications company, and Hughes Network Systems LLC ("Hughes"), an innovator in satellite and multi-transport technologies and networks for 50 years, today announced a strategic six-year Distribution Partner agreement to provide low Earth orbit (LEO) connectivity services across India.

OneWeb and Hughes Announce Agreement to Bring Low Earth Orbit Satellite Broadband Service to India

With the combined capabilities of EchoStar's (SATS) Hughes and Airtel, customers will have access to next-generation satellite connectivity backed by enterprise-grade security.

EchoStar (SATS) Ties Up to Offer Broadband Services in India

NEW DELHI and GERMANTOWN, Md., Jan. 4, 2022 /PRNewswire/ -- Hughes Communications India Pvt Ltd, (HCIPL), a majority-owned subsidiary of Hughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for 50 years, and Bharti Airtel Limited ("Airtel"), India's premier communications solution provider, today announced the formation of a joint venture to provide satellite broadband services in India.

Hughes and Airtel Form Joint Venture to Provide Satellite Broadband Services in India

GERMANTOWN, Md. , Dec. 13, 2021 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for 50 years, today announced that Omantel, the first and leading integrated telecom services provider in Oman, has selected the Hughes JUPITER™ System to extend its mobile networks to serve more customers.

Omantel Selects Hughes JUPITER System to Extend Cellular Network Reach, Connect More Customers

GERMANTOWN, Md., Dec. 9, 2021 /PRNewswire/ -- Research and consulting firm Frost & Sullivan has recognized Hughes Network Systems, LLC (HUGHES) as a Leader in its Frost Radar™: North American Managed SD-WAN Services Market report.

News for EchoStar Stock (SATS)