EchoStar Reports First Quarter 2012 Financial Results
Monday, May 7th, 2012
ENGLEWOOD, Colo. — EchoStar Corporation (NASDAQ: SATS) today reported total revenue of $765 million for the quarter ended March 31, 2012, a 59 percent increase compared with $480 million for the corresponding period in 2011.
EchoStar reported net income attributable to EchoStar of $127 million for the quarter ended March 31, 2012, compared with net income attributable to EchoStar of $17 million during the corresponding period in 2011. Diluted earnings per share was $1.45 for the quarter ended March 31, 2012, compared with diluted earnings per share of $0.19 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 March 31, 2012, filed today with the Securities and Exchange Commission.
More: Earnings call transcript
Links: EchoStar
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