Friday, 31 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > What’s Going On With EchoStar Stock Friday?
Economy

What’s Going On With EchoStar Stock Friday?

Last updated: May 9, 2025 11:00 am
Share
What’s Going On With EchoStar Stock Friday?
SHARE

EchoStar Corporation (NASDAQ:SATS) saw its shares trading higher on Friday despite reporting a loss of 71 cents per share, missing the analyst consensus estimate of a 69 cents loss. The company recorded quarterly sales of $3.87 billion, down 3.6% year-over-year, which was in line with the Street view.

DISH’s Pay-TV revenue declined to $2.54 billion, marking a 6.9% decrease compared to the previous year. On the other hand, Wireless revenue increased to $973 million, showing a 6.4% year-over-year growth. Broadband and Satellite Services revenue dropped to $371 million, reflecting a 3.1% decline from the prior year.

EchoStar’s president and CEO, Hamid Akhavan, commented on the company’s performance, stating, “Our Pay-TV segment continues to drive improvements in ARPU and churn, and our in-flight connectivity business advances, scaling and driving interest from airlines worldwide.”

In the first quarter of 2025, the company’s capex and capitalized interest totaled $378 million, down 44.2% year-over-year. EchoStar exited the quarter with cash and equivalents worth $2.529 billion and inventory worth $413.365 million.

According to Benzinga Pro, SATS stock has gained over 56% in the past year. Investors looking to gain exposure to the stock can consider investing in Procure Space ETF (NASDAQ:UFO) and Alpha Architect U.S. Quantitative Momentum ETF (NASDAQ:QMOM).

The company had cash and marketable securities worth $5.4 billion, up $4.5 billion year-over-year. As a result, SATS shares were trading higher by 3.44% to $24.67 at last check on Friday.

In conclusion, EchoStar Corporation continues to navigate through challenges and opportunities in the market, with a focus on driving growth and innovation in its various business segments. With a strong financial position and strategic investments, the company remains well-positioned for future success.

See also  Here’s what’s happening right now with the US TikTok deal

For more information on EchoStar Corporation and its latest developments, visit Benzinga.com.

TAGGED:EchoStarFridayStockWhats
Share This Article
Twitter Email Copy Link Print
Previous Article Chimps share ‘building blocks of musical rhythm’ with humans Chimps share ‘building blocks of musical rhythm’ with humans
Next Article Elon Musk’s Daughter Vivian Shows Off Moves at Drag Bash Elon Musk’s Daughter Vivian Shows Off Moves at Drag Bash
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

“The story is so boring”- Good Boy fans react to continued gruesome violent scenes, while episode 12 hits all time low viewership ratings

The latest episode of the popular K-drama series, "Good Boy," has sparked backlash from Korean…

July 7, 2025

Go grab this Q-series Samsung soundbar with Dolby Atmos for just $199 right now

Welcome to Popular Science! Popular Science started writing about technology over 150 years ago with…

January 22, 2025

UEFA Women’s Champions League draw set: Manchester City vs. Chelsea, Real Madrid vs. Arsenal headline quarters

The UEFA Women's Champions League quarterfinal and semifinal draw has been completed, setting the stage…

February 7, 2025

Officer found fatally shot inside Near North Side police station

An off-duty Chicago police officer was tragically found fatally shot inside the Near North (18th)…

April 11, 2025

FX Orders Drama Pilot From Peter Gould, Victoria Pedretti, Kiera Allen

FX has recently announced the order of a new drama pilot from Peter Gould, featuring…

June 4, 2025

You Might Also Like

Shake Shack returns to profit in Q3 2025
Economy

Shake Shack returns to profit in Q3 2025

October 31, 2025
Fresnillo signs agreement to acquire Probe Gold for 8m
Economy

Fresnillo signs agreement to acquire Probe Gold for $558m

October 31, 2025
Market analysts react to Trump-Xi meet
Economy

Market analysts react to Trump-Xi meet

October 31, 2025
29 truck carrier files Chapter 11
Economy

29 truck carrier files Chapter 11

October 31, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?