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.

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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.

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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.

GERMANTOWN, Md., Sept. 20, 2021 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for 50 years, today announced that Telespazio, a joint venture between Leonardo (67%) and Thales (33%), has selected the Hughes HeloSat™ solution for satellite communications (SATCOM) for Leonardo's helicopters.

Telespazio Selects Hughes HeloSat for Airborne Satellite Communications

WASHINGTON, Sept. 9, 2021 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for 50 years, and OneWeb, the low Earth orbit satellite communications company, today announced that they have signed a distribution agreement in the U.S. focused on enterprise services.

Hughes and OneWeb Announce Agreements for Low Earth Orbit Satellite Service in U.S. and India

GERMANTOWN, Md., Sept. 8, 2021 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite networks and services, today announced that Indonesian Internet Service Provider PT.

Hughes JUPITER System Selected by DTP to Connect Citizens in Papua and throughout Indonesia with Satellite Broadband

GERMANTOWN, Md., Sept. 7, 2021 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for 50 years, today announced that Eutelsat Communications (Euronext Paris: ETL) selected the Hughes JUPITER™ System Series 3 to enable services on the new EUTELSAT KONNECT VHTS (Very High-Throughput Satellite).

Hughes Selected by Eutelsat to Power New EUTELSAT KONNECT VHTS

Company just off the back of yet another earnings beat in Q2. Recent trends have given a bullish signal on the technical chart.

EchoStar: Satellite Provider Has Strong Upside

GERMANTOWN, Md., Aug. 17, 2021 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for 50 years, today announced that it has been awarded one of several prime positions on an indefinite-delivery/indefinite-quantity (IDIQ) contract with a ceiling of $950,000,000 by the U.S. Air Force to support its Advanced Battle Management System (ABMS).

Hughes Awarded IDIQ Contract by U.S. Air Force to Offer Enterprise Satellite Networking Solutions

EchoStar Corporation (SATS) Management Presents on Q2 2021 Results - Earnings Call Transcript

EchoStar Corp (NASDAQ: SATS) reported second-quarter FY21 revenue growth of 8.8% year-on-year to $499.8 million, beating the analyst consensus of $479.2 million. Services and other revenue increased 3.4% Y/Y to $431.3 million.

EchoStar Shares Gain On Equipment, Broadband Services Driven Q2 Earnings Beat

EchoStar (SATS) delivered earnings and revenue surprises of 75.00% and 4.31%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

EchoStar (SATS) Q2 Earnings and Revenues Top Estimates

Shares of EchoStar (NASDAQ:SATS) rose 2.9% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 441.67% year over year to $0.41, which may not compare to the estimate of $0.07.

Recap: EchoStar Q2 Earnings

ENGLEWOOD, Colo., Aug. 3, 2021 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) today announced its financial results for the three and six months ended June 30, 2021.

EchoStar Announces Financial Results for the Three and Six Months Ended June 30, 2021

ENGLEWOOD, Colo., July 30, 2021 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) will host a conference call to discuss its second quarter 2021 financial results on Tuesday, August 3, at 11:00 a.m.

EchoStar Corporation Announces Conference Call For Second Quarter 2021 Financial Results

GERMANTOWN, Md., July 8, 2021 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an innovator in satellite communications for 50 years, today announced its participation in the Federal Communications Commission's (FCC's) Emergency Broadband Benefit program to help households struggling to pay for Internet service during the COVID-19 pandemic.

Hughes Joins FCC Emergency Broadband Benefit Program to Connect Low-Income Families Across America

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GERMANTOWN, Md., May 26, 2021 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an innovator in satellite technologies and networks for 50 years, announced today that it has won a Silver Stevie® Award for its HughesNet® corporate social responsibility initiative with National 4-H Council to develop STEM-centric educational programming for 4-H at Home.

HughesNet Receives Silver Stevie® Award in 2021 American Business Awards®

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EchoStar (SATS) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front

Moving Average Crossover Alert: EchoStar (SATS)

EchoStar Corporation (SATS) CEO Michael Dugan on Q1 2021 Results - Earnings Call Transcript

ENGLEWOOD, Colo., May 6, 2021 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) today announced its financial results for the three months ended March 31, 2021.

EchoStar Announces Financial Results for the Three Months Ended March 31, 2021

WASHINGTON, May 5, 2021 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for 50 years, and OneWeb, the Low Earth Orbit (LEO) satellite communications company, today announced their selection by the U.S. Air Force Research Lab (AFRL) to demonstrate managed LEO satellite communications (SATCOM) services to connect the Arctic region to sites around the globe. Under the agreement, Hughes will test and implement these end-to-end services on the OneWeb system between selected U.S. Northern Command (NORTHCOM) locations, a first step in harnessing the power of LEO satellites for high-speed, low-latency broadband access in the Arctic.

Hughes and OneWeb to Demonstrate Low Earth Orbit Service in Arctic Region for U.S. Air Force Research Lab

ENGLEWOOD, Colo., April 30, 2021 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) will host a conference call to discuss its first quarter 2021 financial results on Thursday, May 6, at 11:00 a.m.

EchoStar Corporation Announces Conference Call For First Quarter 2021 Financial Results

GERMANTOWN, Md., April 26, 2021 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an innovator in multi-transport technologies and networks for 50 years, today announced that it was named Fortinet's Service Provider Partner of the Year for its HughesON™ Managed Network Services, particularly its managed SD-WAN solution.

Hughes Named Fortinet Service Provider Partner of the Year

GERMANTOWN, Md., April 6, 2021 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an innovator in satellite technologies and networks for 50 years, today announced it has secured additional capacity over Puerto Rico for HughesNet®, the leading satellite Internet service.

HughesNet in Puerto Rico Expands to Serve Increased Demand for Broadband

GERMANTOWN, Md., March 30, 2021 /PRNewswire/ -- HughesNet®, the leading satellite internet service, has been recognized by U.S. News & World Report 360 Reviews as the Best Satellite Internet Provider of 2021.

HughesNet Named Best Satellite Internet Service Provider of 2021 by U.S. News & World Report

EchoStar (SATS) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

News for EchoStar Stock (SATS)