11:26 AM EDT, 08/01/2025 (MT Newswires) -- (Updates with the latest stock movement in the first paragraph and headline.)

EchoStar ( SATS ) shares were down over 17% in recent Friday trading after the company reported lower Q2 results.

The company reported a Q2 loss Friday of $1.06 per diluted share, widening from $0.76 a year earlier.

Analysts surveyed by FactSet expected a loss of $1.04.

Revenue for the quarter ended June 30 was $3.72 billion, down from $3.95 billion a year earlier.

Analysts surveyed by FactSet expected $3.83 billion.

Price: 27.03, Change: -5.56, Percent Change: -17.06