Workflow
EchoStar(SATS)
icon
Search documents
EchoStar(SATS) - 2022 Q2 - Earnings Call Transcript
2022-08-06 19:38
EchoStar Corporation (NASDAQ:SATS) Q2 2022 Earnings Conference Call August 4, 2022 11:00 AM ET Company Participants Terry Brown - VP of Finance Dean Manson - Executive VP, General Counsel and Secretary Hamid Akhavan - CEO and President Pradman Kaul - CEO and President of Hughes Network Systems, LLC and Director David Rayner - Executive VP, CFO, COO and Treasurer Conference Call Participants Ric Prentiss - Raymond James Michael Rollins - Citi Chris Quilty - Quilty Analytics Operator Good day, and thank you f ...
EchoStar(SATS) - 2022 Q2 - Quarterly Report
2022-08-03 22:11
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2022. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 001-33807 EchoStar Corporation (Exact name of registrant as specified in its charter) (State or other jurisdictio ...
EchoStar(SATS) - 2022 Q1 - Earnings Call Transcript
2022-05-09 02:38
Financial Data and Key Metrics Changes - Revenue in Q1 2022 was higher compared to the same period last year and also higher than Q4 2021, despite growth in consumer broadband being impacted by capacity constraints [18] - Free cash flow was $54 million during the quarter, increasing by $47 million from the same period last year [20] - The balance sheet remains one of the strongest in the industry, with a focus on deploying cash for growth [20] Business Line Data and Key Metrics Changes - In North America, consumer broadband sales were optimized with adjusted HughesNet service plans, providing more data and increasing monthly fees, leading to higher average revenue per user (ARPU) [12] - The North American enterprise group signed a significant contract for secure SD-WAN services at 700 locations and received new orders from the U.S. Space Force and Navy [13] - Equipment sales, particularly related to OneWeb gateways, showed strong performance with a high backlog expected to continue throughout the year [32] Market Data and Key Metrics Changes - HughesNet in Latin America continues to face capacity constraints, but the strategy has shifted towards high-value enterprise and government projects [15] - The Jupiter 3 satellite is expected to launch in Q1 2023, which will provide significant additional capacity and high-speed service plans [16] Company Strategy and Development Direction - The company is reassessing its resources and opportunities to refine its corporate growth profile, with a focus on leveraging its strong balance sheet and engineering capabilities [24][25] - The completion of 3GPP Release 17, which includes non-terrestrial networks, positions the company to become a leading global operator of 5G mobile satellite services [27] - The company aims to increase interaction with the market and improve communication with investors [79][80] Management's Comments on Operating Environment and Future Outlook - The satellite and telecom industries are undergoing rapid changes, presenting both challenges and opportunities [23] - The management is optimistic about the company's competitive position due to its strong balance sheet and global presence [25] - Future growth strategies will focus on market expansion and acquisitions rather than solely relying on organic growth [48] Other Important Information - The company announced a successful pilot of a community LTE project in Brazil, which uses geo satellite backhaul [15] - The departure of the Chief Strategy Officer is noted, but the management reassures that the team remains strong and capable [9][72] Q&A Session Summary Question: Pricing strategy for Hughes business - The new pricing initiatives were implemented in February 2022, leading to higher ARPU [30] Question: Equipment revenue outlook - Equipment sales are expected to remain strong due to a high backlog [32] Question: Bharti joint venture plans - The joint venture with Bharti Airtel is expected to drive growth in cellular backhaul as 4G and 5G are implemented in India [34] Question: Capacity concerns in India - No immediate capacity concerns are noted, with regulatory changes expected to improve the market environment [36] Question: Flat panel antenna development - The flat panel antenna is still in development, with production expected to begin early next year [55] Question: Capacity leasing plans - The company is exploring capacity leases but has not found economically compelling deals yet [57] Question: Future plans for LEO constellation - The developments in 3GPP provide clarity on monetizing spectrum assets, with further plans to be shaped in the coming quarters [60] Question: Impact of Jupiter 3 delays on CapEx - CapEx is expected to be below 2021 levels, around $400 million, with significant portions allocated to consumer equipment [65] Question: Future communication with investors - The management intends to increase interaction and communication with investors, with plans for more detailed updates in the future [78]
EchoStar(SATS) - 2022 Q1 - Earnings Call Presentation
2022-05-06 03:12
ECHOSTAR III Maam EchoStar Corporation Investor Overview May 2022 Safe Harbor Statement This presentation may contain statements that are forward looking, as that term is defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. When used in this presentation, the words "believe," "anticipate," "estimate," "expect," "intend," "project," "plans," and s ...
EchoStar(SATS) - 2022 Q1 - Quarterly Report
2022-05-04 22:37
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2022. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 001-33807 EchoStar Corporation (Exact name of registrant as specified in its charter) (State or other jurisdicti ...
EchoStar(SATS) - 2021 Q4 - Earnings Call Transcript
2022-02-25 15:16
EchoStar Corporation (NASDAQ:SATS) Q4 2021 Earnings Conference Call February 24, 2022 3:00 PM ET Company Participants Terry Brown - Vice President of Finance Charlie Ergen - Chairman Michael Dugan - CEO David Rayner - COO and CFO Pradman Kaul - President of Hughes Anders Johnson - Chief Strategy Officer and President, EchoStar Satellite Services Dean Manson - General Counsel and Secretary Conference Call Participants Rick Prentiss - Raymond James Chris Quilty - Quilty Analytics Michael Rollins - Citi Opera ...
EchoStar(SATS) - 2021 Q4 - Annual Report
2022-02-23 23:57
☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2021. Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO . Commission File Number: 001-33807 EchoStar Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction ...
EchoStar(SATS) - 2021 Q3 - Earnings Call Transcript
2021-11-09 19:12
EchoStar Corporation (NASDAQ:SATS) Q3 2021 Earnings Conference Call November 9, 2021 11:00 AM ET Company Participants Terry Brown - Vice President of Finance Dean Manson - General Counsel and Secretary Michael Dugan - CEO Pradman Kaul - President of Hughes Anders Johnson - Chief Strategy Officer and President of EchoStar Satellite Services David Rayner - COO and CFO Conference Call Participants Richard Prentiss - Raymond James Christopher Quilty - Quilty Analytics Operator Good day, and thank you for stand ...
EchoStar(SATS) - 2021 Q3 - Quarterly Report
2021-11-08 23:59
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2021. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 001-33807 EchoStar Corporation (Exact name of registrant as specified in its charter) (State or other jurisd ...
EchoStar(SATS) - 2021 Q2 - Earnings Call Transcript
2021-08-04 07:17
EchoStar Corporation (NASDAQ:SATS) Q2 2021 Earnings Conference Call August 3, 2021 11:00 AM ET Company Participants Terry Brown - Investor Relations Dean Manson - General Counsel & Secretary David Rayner - Chief Operating Officer & Chief Financial Officer Pradman Kaul - President of Hughes Anders Johnson - Chief Strategy Officer & President, EchoStar Satellite Services Conference Call Participants Ric Prentiss - Raymond James Michael Rollins - Citi Chris Quilty - Quilty Analytics Operator Good day, ladies a ...