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EchoStar Swings to Income in Q4, Revenue Declines
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EchoStar Swings to Income in Q4, Revenue Declines
Feb 27, 2025 4:35 AM

07:10 AM EST, 02/27/2025 (MT Newswires) -- EchoStar ( SATS ) reported Q4 net income Thursday of $335.2 million, swinging from a loss of $2.03 billion a year earlier.

Analysts polled by FactSet expected a loss of $145.6 million.

Revenue for the quarter ended Dec. 31 was $3.97 billion, down from $4.16 billion a year earlier.

Analysts surveyed by FactSet expected $3.92 billion.

Shares of the home satellite services provider were up more than 2% in recent premarket activity.

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