EchoStar Corporation's stock is trading higher after reporting mixed financial results, with revenue down

From Yahoo Finance: 2025-05-09 13:43:00

EchoStar Corporation (NASDAQ: SATS) shares are trading higher on Friday after reporting a loss of 71 cents per share, missing analyst estimates. Quarterly sales were $3.87 billion, down 3.6% year-over-year. DISH’s Pay-TV revenue declined to $2.54 billion, while Wireless revenue rose to $973 million. The company’s capex and capitalized interest totaled $378 million in Q1 2025. SATS stock has gained over 56% in the past year. Cash and equivalents were $2.529 billion. SATS shares are trading higher by 3.44% to $24.67.



Read more at Yahoo Finance: What’s Going On With EchoStar Stock Friday?