EchoStar reports Q2 EPS ($1.06), consensus (98c)

Reports Q2 revenue $3.72B, consensus $3.83B. “EchoStar (SATS) performed well in the second quarter and was in line with our high performance expectations,” said Hamid Akhavan, president and CEO, EchoStar Corporation. “Our Retail Wireless business continues to make progress and we have now had five consecutive quarters of growth with our Boost Mobile brand. Our Pay-TV ARPU and churn rate improvement continues to impress, and our enterprise business is gaining ground globally within the aviation sector as the industry’s only future-proof in-flight connectivity solution.”