EchoStar Reports Third Quarter 2013 Financial Results

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Nov 12, 2013, 08:00 ET

ENGLEWOOD, Colo., Nov. 12, 2013 /PRNewswire/ -- EchoStar Corp. (NASDAQ: SATS) today reported total revenue of $849 million for the quarter ended Sept. 30, 2013 compared to $765 million for the corresponding period in 2012. Net income attributable to EchoStar shareholders was $4.3 million and diluted earnings per share was $0.05 for the quarter ended Sept. 30, 2013, compared with net income attributable to EchoStar shareholders of $22.6 million and diluted earnings per share of $0.26 during the corresponding period in 2012.

Detailed financial data and other information are available in EchoStar's Form 10-Q for the quarter ended Sept. 30, 2013 filed today with the Securities and Exchange Commission.

EchoStar will host its third quarter 2013 financial results conference call today at 11 a.m. ET. The dial-in numbers are 1-877-815-1625 (US) and 716-247-5178 (International), Conference ID # 92837255.

About EchoStar
EchoStar Corporation (NASDAQ: SATS) is a 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 for enterprise and government customers in more than 100 countries.

Headquartered in Englewood, CO, with additional business units world-wide, EchoStar is a multiple Emmy award-winning company that has pioneered advancements in the set-top box and satellite industries for nearly 30 years, consistently delivering value for customers, partners and investors through innovation and outstanding quality. EchoStar's contribution to video technology continues to have a major influence on the way consumers view, receive and manage TV programming.

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 set-top box products for the free-to-air satellite and terrestrial markets.

For more information, please visit www.echostar.com.

SOURCE Hughes Network Systems, LLC