EchoStar reports Q1 EPS (71c), consensus (80c)

Reports Q1 revenue $3.87B, consensus $3.87B. “The EchoStar (SATS) team performed well against our plan in the first quarter,” said Hamid Akhavan, president and CEO, EchoStar Corporation. “We are pleased with the progress of our Wireless business and year-over-year net add subscriber growth. In addition, our Pay-TV segment continues to drive improvements in ARPU and churn, and our in-flight connectivity business advances, scaling and driving interest from airlines worldwide.”