06:31 AM EST, 11/06/2025 (MT Newswires) -- EchoStar ( SATS ) reported Q3 loss Thursday of $44.37 per diluted share, widening from $0.52 a year earlier.

Three analysts surveyed by FactSet expected loss of $1.21. EchoStar ( SATS ) reported impairments in the quarter of $16.5 billion, as it began abandoning and decommissioning parts of its 5G network, according to a filing.

Revenue for the quarter ended Sept. 30 was $3.61 billion, down from $3.89 billion a year earlier. Analysts surveyed by FactSet expected $3.73 billion.

EchoStar ( SATS ) shares were up more than 3% in recent premarket activity.