EchoStar reports Q1 loss of $202.7M, but beats analyst expectations

Englewood, Colorado-based EchoStar Corp. (NASDAQ:SATS) reported a loss of $202.7 million in the first quarter of 2025, or 71 cents per share.

Despite the loss, the company exceeded Wall Street's expectations, as analysts had anticipated 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 for the quarter, surpassing analysts' forecasts.

The average estimate from three analysts surveyed by Zacks Investment Research had projected revenue of $3.86 billion.

EchoStar's results provide a glimpse into its financial performance, showing resilience amidst challenging conditions.

The company continues to navigate its operations within a competitive market, providing satellite services and equipment to Dish Network, one of its primary clients.