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Press release from PR Newswire

EchoStar Reports First Quarter 2013 Financial Results

Thursday, May 09, 2013

EchoStar Reports First Quarter 2013 Financial Results

08:00 EDT Thursday, May 09, 2013

ENGLEWOOD, Colo., May 9, 2013 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) today reported total revenue of $795 million for the quarter ended March 31, 2013 compared to $765 million for the corresponding period in 2012.  Net income attributable to EchoStar shareholders was $3.5 million and diluted earnings per share was $0.04 for the quarter ended March 31, 2013, compared with net income attributable to EchoStar shareholders of $126.6 million and diluted earnings per share of $1.45 during the corresponding period in 2012.

Detailed financial data and other information are available in EchoStar's Form 10-Q for the quarter ended March 31, 2013 filed today with the Securities and Exchange Commission.

EchoStar will host its first quarter 2013 financial results conference call today at 1:30 p.m. ET. The dial-in numbers are 1-877-815-1625 (US) and 716-247-5178 (International), Conference ID # 50064875.

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 EchoStar Corporation

For further information: EchoStar Investor Relations, Deepak Dutt, Phone: 301.428.1686, Deepak.Dutt@Hughes.com; EchoStar Media Relations, Linda Haugsted, Bob Gold & Associates, 310-784-1040, linda@bobgoldpr.com

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