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EchoStar (SATS) Moves 49.1% Higher: Will This Strength Last?
ZACKS· 2025-06-17 12:41
EchoStar (SATS) shares ended the last trading session 49.1% higher at $25.11. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 28% loss over the past four weeks.The stock price appreciated after Bloomberg reported that President Donald Trump intervened in a regulatory dispute involving the company’s wireless spectrum licenses. Trump reportedly has urged Chairman of EchoStar and the Chairman of FCC to bring a resolut ...
Viasat Announces Comprehensive Agreement with Ligado Networks
Globenewswire· 2025-06-13 12:30
Viasat expects to receive $568 million from Ligado in fiscal year 2026CARLSBAD, Calif., June 13, 2025 (GLOBE NEWSWIRE) -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced that its subsidiary Inmarsat Global Ltd. (“Inmarsat”) has agreed to a binding term sheet with Ligado Networks (“Ligado”) and AST & Science, LLC (“AST”) to settle Inmarsat’s opposition to Ligado’s planned restructuring. Under the conditions set forth in the term sheet, Viasat anticipates receiving $5 ...
Unlocking Q1 Potential of EchoStar (SATS): Exploring Wall Street Estimates for Key Metrics
ZACKS· 2025-05-07 14:21
Wall Street analysts expect EchoStar (SATS) to post quarterly loss of $0.89 per share in its upcoming report, which indicates a year-over-year decline of 122.5%. Revenues are expected to be $3.89 billion, down 3.2% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. It is projected by analysts that the 'Revenue- Pay-TV' ...