CASPER
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EchoStar Revenue, Income Up
As for Charlie Ergen's other company, EchoStar reported second quarter revenue of $483 million, a 46.2 percent increase when compared with $331 million for the corresponding period in 2007.
EchoStar reported net income of $48 million for the quarter, compared with net losses of $15 million for the same period in 2007. Basic earnings per share were 53 cents for the quarter, compared with a basic loss per share of 16 cents for the corresponding period last year.
EchoStar operates two primary businesses, which include equipment sales and digital broadcast operations and satellite services.
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As for Charlie Ergen's other company, EchoStar reported second quarter revenue of $483 million, a 46.2 percent increase when compared with $331 million for the corresponding period in 2007.
EchoStar reported net income of $48 million for the quarter, compared with net losses of $15 million for the same period in 2007. Basic earnings per share were 53 cents for the quarter, compared with a basic loss per share of 16 cents for the corresponding period last year.
EchoStar operates two primary businesses, which include equipment sales and digital broadcast operations and satellite services.
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