Echostar Corporation (SATS) Tops Q4 EPS by 2c
Echostar Corporation (NASDAQ: SATS) reported Q4 EPS of $0.40, $0.02 better than the analyst estimate of $0.38. Revenue for the quarter came in at $740 million versus the consensus estimate of $742.28 million.
Fourth Quarter 2016 Financial Highlights:
- Consolidated revenues of $740 million.
- Consolidated net income of $39 million.
- Consolidated net income attributable to EchoStar common stock of $38 million and diluted earnings per share of $0.40.
- Consolidated EBITDA of $229 million (see reconciliation of this non-GAAP measure below).
- Approximately 1,036,000 Hughes consumer broadband subscribers as of December 31, 2016.
For earnings history and earnings-related data on Echostar Corporation (SATS) click here.
