08:00 AM EDT, 08/09/2024 (MT Newswires) -- EchoStar ( SATS ) reported a Q2 net loss Friday of $0.76 per diluted share, swinging from earnings of $0.69 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.26.

Revenue for the quarter ended June 30 was $3.95 billion, down from $4.36 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.98 billion.

Shares of the company were down more than 6% in recent Friday premarket activity.

Price: 18.85, Change: -1.23, Percent Change: -6.13