ENGLEWOOD, Colo. (AP) — ENGLEWOOD, Colo. (AP) — EchoStar Corp. (SATS) on Friday reported a loss of $202.7 million in its first quarter.
The Englewood, Colorado-based company said it had a loss of 71 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 90 cents per share.
The seller of set-top boxes and provider of satellite services to Dish Network posted revenue of $3.87 billion in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $3.86 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SATS at https://www.zacks.com/ap/SATS
