EchoStar Corp. (SATS) Tops Q4 EPS by 33c

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EchoStar Announces Fourth Quarter and Full Year 2015 Results

February 24, 2016 8:00 AM EST

ENGLEWOOD, Colo., Feb. 24, 2016 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) today announced its financial results for the fourth quarter and full year ended December 31, 2015.

Fourth Quarter 2015 Financial Highlights:

Consolidated revenues of $791 million. Consolidated EBITDA of $223 million. Consolidated net income attributable to EchoStar common stock of $66.3 million and diluted earnings per share of $0.71. Hughes net subscriber additions of approximately 9,000. Approximately 1,035,000 subscribers as of December 31, 2015. Record enterprise contract awards of $479 million at Hughes.

Full Year Ended December 31, 2015... More