EchoStar (SATS) Reports Q2 Loss, Misses Revenue Estimates

EchoStar (SATS) came out with a quarterly loss of $1.06 per share versus the Zacks Consensus Estimate of a loss of $1.12. This compares to a loss of $0.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +5.36%. 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 $0.9 per share when it actually produced a loss of $0.71, delivering a surprise of ...