Friday, 10 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  Macrons file US lawsuit over claims France’s first lady was born male

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

Mystery man leaving jugs of urine in Oregon recycling bins marking new territory, terrorized locals say

The Portland Pisser Strikes Again: Mysterious Urine Attacks Continue in Oregon The notorious Portland Pisser…

June 20, 2025

Crime rings attack US supply chain at record rates using this sneaky tactic: report

Cargo theft is on the rise in the United States, with organized crime rings using…

May 9, 2025

By Malene Birger Spring 2026 Ready-to-Wear Collection

Emilie Martinsen-Kønigsfeldt Brings a Fresh Perspective to By Malene Birger Emilie Martinsen-Kønigsfeldt, the new creative…

August 11, 2025

The secret to what makes colours pop on dazzling songbirds

Birds are known for their vibrant and striking plumage, but what if we told you…

July 27, 2025

‘Lopez vs. Lopez’ Canceled After Three Seasons at NBC

NBC has decided to cancel the comedy series "Lopez vs. Lopez" after three seasons, according…

May 9, 2025

You Might Also Like

This NYSE-Listed Food Company Aims to Stack .2 Billion in Bitcoin
Economy

This NYSE-Listed Food Company Aims to Stack $1.2 Billion in Bitcoin

October 10, 2025
Adidas to Enter Safety Footwear in 2026 With New ‘Pro Work’ Line
Economy

Adidas to Enter Safety Footwear in 2026 With New ‘Pro Work’ Line

October 10, 2025
Elon Musk and former Twitter execs agree to settle 8 million lawsuit
Economy

Elon Musk and former Twitter execs agree to settle $128 million lawsuit

October 10, 2025
Should You Buy Novartis Stock Before October 28?
Economy

Should You Buy Novartis Stock Before October 28?

October 10, 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?