EchoStar Reports Third Quarter 2014 Financial Results

EchoStar Corporation (NASDAQ: SATS) today reported total revenue of $896 million for the quarter ended September 30, 2014 compared to $849 million for the corresponding period in 2013.

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ENGLEWOOD, CO—EchoStar Corporation (NASDAQ: SATS) today reported total revenue of $896 million for the quarter ended September 30, 2014 compared to $849 million for the corresponding period in 2013. Net income attributable to EchoStar common stock was $64.1 million and diluted earnings per share was $0.69 for the quarter ended September 30, 2014, compared with net income attributable to EchoStar common stock of $4.3 million and diluted earnings per share of $0.05 during the corresponding period in 2013.

For the nine-month period ended September 30, 2014, total revenue was $2,602 million compared to $2,474 million for the nine months ended September 30, 2013. Net income attributable to EchoStar common stock was $110.5 million and diluted earnings per share was $1.19 for the nine-month period ended September 30, 2014 compared to a net loss of $2.0 million and diluted loss per share of $0.02 for the corresponding period in 2013.

Detailed financial data and other information are available in EchoStar’s Form 10-Q for the quarter ended September 30, 2014 filed today with the Securities and Exchange Commission.

EchoStar will host its third quarter 2014 financial results conference call today at 11:00 a.m. ET. The dial- in numbers are 1-877-815-1625 (US) and 716-247-5178 (International), Conference ID # 22882790.