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Echostar Corporation  (SATS)
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Echostar Corporation

SATS's Financial Statements and Analysis



Echostar Corporation reported in the forth quarter of 2023 net loss per share of $-2.09 compare to earnings per share of $0.60 in the same quarter a year ago a decrease from $0.04 eps realized in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ -2.09 $  15,710 Mill
$-2.69     $+15,210M     +3042.87 %



Echostar's Revenue rose by 3042.87 % in forth quarter of 2023 (Dec 31 2023) year on year, to $15,710 million and advanced by 3703.15 % sequentially.


Echostar is

More on SATS's Income Statement



Echostar's in theforth quarter of 2023 recorded net loss of $-1,672.261 million, compare to net income of $47.580 million achieved in IV. Quarter a year ago.

Sequentially company realized a net loss, compared to net income of $0.532 million in the previous quarter.

More on SATS's Growth

Echostar Inventories
In Dec 31 2023 company's net cash and cash equivalents decreased by $-1,040 million, capital expenditures fell by -82.6963,372.58%, to $-2,872 millions compare to same quarter a year ago

More on SATS's Cash flow Statement


Echostar Corporation does not pay out common stock dividend.

In trailing twelve-month period Echostar Corporation earned $ 8.98 cash per share, on a free-cash flow basis .

Book value grew by 62.85 % sequentially to $73.61 per share.
Tangible Book value grew to $ 73.61 per share from $ 38.46.

Company issued 189.93 million shares or 234.19 % in Dec 31 2023.


More on SATS's Dividends

 Market Capitalization (Millions) 3,510
 Shares Outstanding (Millions) 271
 Total Debt (Millions $) 3,047
 Revenue (TTM) (Millions $) 17,016
 Net Income (TTM) (Millions $) -1,635
 Cash Flow (TTM) (Millions $) -650
 Capital Exp. (TTM) (Millions $) -3,101
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -




Echostar Corporation does not pay out common stock dividend.

In trailing twelve-month period Echostar Corporation had $ 8.98 cash flow per share, on a free-cash flow basis .

Book value grew by 62.85 % sequentially to $73.61 per share.
Tangible Book value grew to $ 73.61 per share from $ 38.46.

Company issued 189.93 million shares or 234.19 % in Dec 31 2023.


More on SATS's Balance Sheets

 Market Capitalization (Millions) 3,510
 Shares Outstanding (Millions) 271
 Total Debt (Millions $) 3,047
 Revenue (TTM) (Millions $) 17,016
 Net Income (TTM) (Millions $) -1,635
 Cash Flow (TTM) (Millions $) -650
 Capital Exp. (TTM) (Millions $) -3,101
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -
   


  News about Echostar Corporation Earnings

Communications Services Company Struggles to Achieve Profitability Despite Surge in Revenue



SATS, traded as NASDAQ: SATS, has recently unveiled its financial results for the October to December 2023 period. While the company recorded an impressive revenue elevation of 3042.869% year-on-year to $15.71 billion, it slipped into a loss of $-2.09. In comparison to its sector peers, SATS has outperformed with significant revenue growth. However, there are certain aspects of the financial results that warrant consideration to understand the future implications for the company.
1. Strong Revenue Growth:
SATS demonstrated exceptional growth in revenue, outperforming its sector peers by a significant margin. With a year-on-year revenue growth of 3042.869%, the company has showcased its abil...

Revitalizing Echoes: Echostar Corporation's Sudden Revenue Plunge Sends Shockwaves through Market

Echostar Corporation, a leading provider of satellite communication solutions, recently released its earnings report for the third quarter of 2023. However, the results were not as positive as anticipated, with significant declines in income, earnings per share, and revenue.
Comparing to the same period last year, SATS income fell sharply by -85.19% to $0.04 per share, whereas it was $0.27 a year prior. Similarly, EPS dropped by -69.23% from $0.13 per share in the previous reporting season. The revenue also receded considerably by -16.951% to $413.07 million from $497.39 million in the comparable reporting season of the prior year. Furthermore, sequentially, revenue deteriorated by -8.836% from $453.11 m...

Echostar Corporation Faces Alarming -18.75% Deterioration in EPS During Fiscal Time-Frame Ending June 30, 2023



Echostar Corporation, a prominent provider of satellite communication solutions, has been facing significant challenges in recent times. The company's financial performance for the fiscal time-frame ending June 30, 2023, demonstrates a concerning trend with declining income, profit, and revenue. Despite a slight improvement in share prices over the past five trading days, Echostar Corporation has failed to escape the bearish pressure due to a series of negative financial indicators.
Declining Income and Profit:
Echostar Corporation witnessed a sharp decline in income, with a substantial drop of -18.75% to $0.13 per share, compared to $0.16 per share in the previous year. Moreover, profit pl...

Echostar Corporation Faces Devastating Revenue Decline in Q1 2023 Amidst Lingering Effects of COVID-19 Pandemic

Echostar Corporation, a global provider of satellite communication solutions, has reported a significant drop in its earnings for the January-March 31, 2023 quarter. Its earnings per share (EPS) declined by almost 67%, from $1.06 per share in the same quarter of the previous year to just $0.35 per share. The company's profit also plummeted by over 41% compared to the previous reporting period, falling from $0.60 per share in Q1 2022 to $0.35 per share.
The revenue for the quarter also declined by a significant margin, dropping by over 12% from $501.53 million in the same period last year to $439.60 million. Sequential revenue declined by over 12% from $499.86 million. This decline in revenue can be attri...


Date modified: 2024-03-09T22:55:49+00:00





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