Education
About Us
Working with TipRanks
Follow Us
Echostar Corp. (SATS)
NASDAQ:SATS
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.91Last Year’s EPS
-0.4Same Quarter Last Year
Based on 2 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: -2.17%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive developments and challenges. Significant achievements include the merger with Dish Network, growth in Boost Mobile subscribers, successful financing, and industry recognition. However, there were notable challenges such as declines in PayTV and Hughes subscribers, reduced OIBDA, and continued negative free cash flow.Company Guidance
In the recent call, EchoStar Corporation provided comprehensive guidance with several key metrics. The company reported that its total cash and marketable securities stood at $5.7 billion by the end of the fourth quarter, an impressive increase driven by financing transactions that raised $5.6 billion. The Pay TV segment saw improvements in churn, ARPU, and SAC, with DISH TV ending the year with 5.7 million subscribers and a churn rate of 1.46%, marking a 23 basis point improvement. Boost Mobile achieved consecutive quarter-over-quarter net positive subscriber growth, concluding 2024 with approximately 7 million wireless subscribers and a 28% improvement in churn. The company's full-year revenue was $15.8 billion, down 7% year-over-year, while OIBDA decreased to $1.6 billion from $2.1 billion in 2023. EchoStar also highlighted its progress in network deployment, reaching 80% 5G broadband coverage and achieving recognition for its network performance in New York City. Looking ahead, EchoStar plans to focus on expanding market share and accelerating value creation through its vast portfolio of telecom, media, and space assets.Merger with Dish Network
EchoStar Corporation successfully merged with Dish Network, combining satellite technology, video services, and a nationwide 5G network, enhancing their competitive edge in the global telecommunications market.
Boost Mobile Growth
Boost Mobile achieved net positive subscriber growth for consecutive quarters since Q1 2024, with a 28% improvement in churn year-over-year and the highest ARPU across the wireless prepaid market.
Successful Financing Transactions
EchoStar raised $5.6 billion in net proceeds from financing transactions, increasing total cash and marketable securities to $5.7 billion, a $3 billion increase from the prior quarter.
Recognition in the Industry
Hughes was recognized for the second year in a row as a leader in the Gartner Magic Quadrant for Managed Network Services and named the 2024 Managed Security Service Provider of the Year by Cybersecurity Breakthrough.
Network Expansion Achievements
Boost Mobile met its FCC milestone by extending 5G broadband coverage to over 80% of Americans, totaling over 23,000 sites on air and achieving the best overall mobile network in New York City according to a third-party benchmark.
---
SATS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
SATS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | $29.01 | $30.41 | +4.83% |
| Nov 12, 2024 | $26.13 | $22.76 | -12.90% |
| Aug 09, 2024 | $20.08 | $16.76 | -16.53% |
| May 08, 2024 | $17.35 | $15.44 | -11.01% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Echostar Corp. (SATS) report earnings?
Echostar Corp. (SATS) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Echostar Corp. (SATS) earnings time?
Echostar Corp. (SATS) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SATS EPS forecast?
SATS EPS forecast for the fiscal quarter 2025 (Q1) is -0.91.
---