Profile
Sector:
TechnologyIndustry:
Communication EquipmentCountry:
United StatesIPO:
02 January 2008Website:
http://www.echostar.comNext earnings report:
28 February 2025Last dividends:
N/ANext dividends:
N/APrice
regular market | 1 min agoDividend
Analysts recommendations
Institutional Ownership
SATS Latest News
Partnership builds on decade-long relationship with 4-H to inspire young people's interest in STEM through engaging, high quality educational content GERMANTOWN, Md. , Nov. 14, 2024 /PRNewswire/ -- Hughes Network Systems, LLC, an EchoStar company (Nasdaq: SATS), today announced a partnership with National 4-H to provide local 4-H, Boys & Girls Clubs, Inc, and YMCA locations based in rural and underserved communities throughout America with STEM Challenge kits.
DirecTV has threatened to call off its deal to acquire Dish Network by November 22. Transcript: Conway Gittens: Inflation is the focus on this Wednesday.
SATS' Q3 2024 performance is adversely impacted by continued weakness across the Pay-TV and Broadband segments due to substantial subscriber losses.
EchoStar Corporation (NASDAQ:SATS ) Q3 2024 Earnings Conference Call November 12, 2024 11:00 AM ET Company Participants Dean Manson - Chief Legal Officer Hamid Akhavan - Chief Executive Officer & President Paul Orban - Executive Vice President & Principal Financial Officer Gary Schanman - Executive Vice President & Group President, Video Services Jeff Boggs - Senior Vice President, Hughes Finance John Swieringa - President, Technology, & Chief Operating Officer Conference Call Participants Ric Prentiss - Raymond James Walter Piecyk - LightShed Jonathan Chaplin - New Street Research Michael Rollins - Citibank Chris Quilty - Quilty Analytics Sam McHugh - BNP Paribas Operator Welcome to the EchoStar Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
While the top- and bottom-line numbers for EchoStar (SATS) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
EchoStar (SATS) came out with a quarterly loss of $0.52 per share versus the Zacks Consensus Estimate of a loss of $0.28. This compares to earnings of $0.15 per share a year ago.
ENGLEWOOD, Colo. , Nov. 12, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) announced its financial results for the three and nine months ended September 30, 2024.
Transactions highlight tremendous value of EchoStar's spectrum assets serving as the sturdy platform on which EchoStar will accelerate its deployment of a nationwide wireless service to vigorously compete with incumbent wireless carriers Overwhelming support from approximately $5 billion of existing DISH Network convertible noteholders evidenced by over 96% participation in exchange offers, leaving only $139 million in remaining debt maturities in 2024 and 2025 and significantly improving EchoStar's debt maturity profile through the extension of such debt maturities to November 2030 Settlement of exchange offers results in EchoStar's issuance of approximately $2.3 billion in aggregate principal amount of its 6.75% Senior Spectrum Secured Exchange Notes due 2030 and approximately $1.9 billion in aggregate principal amount of its 3.875% Convertible Senior Spectrum Secured Notes due 2030 Closing of new 10.75% Senior Spectrum Secured Notes due 2029 by EchoStar delivers $5.2 billion of fresh capital to balance sheet for investment in nationwide Open RAN 5G network and other general corporate purposes Closing of PIPE transaction delivers $400 million of incremental capital to balance sheet for general corporate purposes, including profitable customer acquisition and retention efforts Deployment of previously funded capital from secured financing facility from TPG Angelo Gordon and certain co-investors satisfies DDBS November 2024 maturity in full and clears DDBS debt maturity runway until July 2026 ENGLEWOOD, Colo. , Nov. 12, 2024 /PRNewswire/ -- EchoStar Corporation (Nasdaq: SATS) ("EchoStar"), a global, fully integrated communication and content delivery leader and provider of technology, spectrum, engineering, manufacturing, networking services, television entertainment and connectivity, today announced the successful completion of various transformative strategic transactions positioning its business for the further enhancement of its nationwide Open RAN 5G Network.
LITTLETON, Colo. , Nov. 11, 2024 /PRNewswire/ -- Boost Mobile is launching its latest 5G smartphone, the Summit 5G, an exclusive Boost Mobile device offering customers lightning-fast 5G speeds, reliability and performance at an unbeatable price.
ENGLEWOOD, Colo. , Nov. 6, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) will host a conference call to discuss its third quarter 2024 financial results on Tuesday, November 12, 2024, at 11 a.m.
What type of business is EchoStar?
EchoStar Corporation, along with its subsidiaries, provides broadband satellite technologies and broadband internet access services worldwide. It operates in two segments - Hughes and EchoStar Satellite Services (ESS). The Hughes segment offers broadband satellite technologies and internet services for home and small to medium-sized businesses, as well as satellite services; and broadband network technologies, managed services, equipment, hardware, satellite services, and communication solutions for aviation and government enterprises, as well as consumers. The ESS segment provides satellite services using its own and leased orbital satellites. EchoStar Corporation was founded in 2007 and is headquartered in Englewood, Colorado.
What sector is EchoStar in?
EchoStar is in the Technology sector
What industry is EchoStar in?
EchoStar is in the Communication Equipment industry
What country is EchoStar from?
EchoStar is headquartered in United States
When did EchoStar go public?
EchoStar initial public offering (IPO) was on 02 January 2008
What is EchoStar website?
https://www.echostar.com
Is EchoStar in the S&P 500?
No, EchoStar is not included in the S&P 500 index
Is EchoStar in the NASDAQ 100?
No, EchoStar is not included in the NASDAQ 100 index
Is EchoStar in the Dow Jones?
No, EchoStar is not included in the Dow Jones index
When was EchoStar the previous earnings report?
No data
When does EchoStar earnings report?
The next expected earnings date for EchoStar is 28 February 2025