EchoStar Corp (OQ:SATS)

Sector:  Technology Industry:  N/A
 
See Regulatory Filings on SEC
Company Contact
Address: 9601 SOUTH MERIDIAN BOULEVARD
ENGLEWOOD CO 80112
Tel: N/A
Website: https://www.echostar.com
IR: See website
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Key People
Charles W. Ergen
Executive Chairman of the Board
Hamid Akhavan
President, Chief Executive Officer, Director
John W. Swieringa
President - Technology and Chief Operating Officer
Michael Kelly
Executive Vice President and Group President - Retail Wireless
Paul W. Orban
Executive Vice President and Chief Financial Officer of DISH
Gary Schanman
Executive Vice President and Group President - Video Services
Paul Gaske
Chief Operating Officer - Hughes
Dean A. Manson
Chief Legal Officer, Secretary
 
Business Overview
EchoStar Corporation is a provider of technology, networking services, television entertainment and connectivity, offering consumer, enterprise, operator and government solutions. Its brands include EchoStar, Boost Mobile, Boost Infinite, Sling TV, DISH TV, Hughes, HughesNet, HughesON and JUPITER. The Company's Pay-TV segment provides video services in the United States through its DISH and the SLING brand. The Company's Retail Wireless segment offers nationwide prepaid and postpaid retail wireless services to subscribers primarily under its Boost Mobile, Boost postpaid and Gen Mobile brands. Its 5G Network Deployment segment is engaged in commercializing its 5th Generation (5G) Network. Its Broadband and Satellite Services segment provides broadband services to consumer customers, which include homes and small to medium-sized businesses. In Europe, the Company operates under its EchoStar Mobile Limited subsidiary and in Australia, the Company operates as EchoStar Global Australia.
Financial Overview
For the three months ended 31 March 2024, EchoStar Corp revenues increased from $439.6M to $4.01B. Net loss totaled $107.4M vs. income of $29M. Revenues reflect Services and other revenue increase from $377.5M to $3.82B, Equipment sales and other revenue increase from $62.1M to $195.2M. Net loss reflects Selling, general and administrative exps increase from $110.1M to $624.4M (expense).
Employees: 15,300 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $25,178M as of Mar 31, 2024
Annual revenue (TTM): $20,591M as of Mar 31, 2024
EBITDA (TTM): $2,417M as of Mar 31, 2024
Net annual income (TTM): -$1,838M as of Mar 31, 2024
Free cash flow (TTM): -$761.64M as of Mar 31, 2024
Net Debt Last Fiscal Year: $21,021M as of Mar 31, 2024
Shares outstanding: 271,522,445 as of Apr 29, 2024
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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