💨 Abstract

EchoStar Corp. reported a second-quarter loss of $306.1 million, or $1.06 per share, beating Wall Street expectations of a $1.12 per-share loss. However, revenue of $3.72 billion fell short of the $3.83 billion anticipated by analysts. EchoStar provides satellite services and set-top boxes to Dish Network.

Courtesy: WTOP Staff