EchoStar (SATS) Reports Q3 Loss, Misses Revenue Estimates

EchoStar (SATS) came out with a quarterly loss of $0.52 per share versus the Zacks Consensus Estimate of a loss of$ 0.28. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -85.71%. A quarter ago, it was expected that this seller of set-top boxes and provider of satellite services to Dish Network would post a loss of$ 0.37 per share when it actually produced a loss of $0.76, delivering a surpris ...