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TMCNet:  EchoStar reports net income for Q4

[February 28, 2013]

EchoStar reports net income for Q4

Feb 28, 2013 (Datamonitor via COMTEX) -- EchoStar Corporation, a satellite services provider and developer of video delivery technologies, has reported a net income attributable to the company's shareholders for the fourth quarter ended December 31, 2012 was $26.2 million, or $0.28 per share, compared to a net loss attributable to company's shareholders of $12.9 million, or $0.15 loss per share, for the same quarter ended December 31, 2011.

Total revenue for the fourth quarter ended December 31, 2012 was $786 million, compared to $834 million for the same quarter ended December 31, 2011.

Net income attributable to the company's shareholders for the year ended December 31, 2012 was $211.05 million, or $2.4 per diluted share, compared to $3.64 million, or $0.04 per diluted share, for the year ended December 31, 2011.

Total revenue for the year ended December 31, 2012 was $3.12 billion, compared to $2.76 billion for the year ended December 31, 2011.

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