Echostar (NASDAQ:ECHO) said its Hughes business filed for Chapter 11 bankruptcy protection after the unit’s $1.5 billion bond maturity came due on Aug. 1 and discussions with bondholders did not produce what the company called a workable solution.
Chairman Charlie Ergen said the bankruptcy filing i
ENGLEWOOD, Colo., Aug. 03, 2026 (GLOBE NEWSWIRE) -- EchoStar Corporation (NASDAQ: ECHO) reported second quarter 2026 total revenue of $3.58 billion, compared to $3.72 billion in 2025. Net income attributable to EchoStar in the second quarter of 2026 totaled $8.46 billion, compared to a net loss of $306.13 million in the year-ago quarter. The net income in 2026 was primarily attributable to a non-cash gain on deconsolidation totaling approximately $9.73 billion. Excluding the tax affected impact of the non-cash adjustment for 2026, the net income attributable to EchoStar would have been approximately $49.46 million. Diluted earnings per share was $24.12 in the second quarter of 2026, compared to a loss of $1.06 in 2025.
ENGLEWOOD, Colo., July 29, 2026 (GLOBE NEWSWIRE) -- EchoStar Corporation (Nasdaq: ECHO) will host a conference call to discuss its second quarter financial results on Monday, August 3, 2026, at 12 p.m. Eastern Time (ET). The conference call will be broadcast live in listen-only mode on EchoStar's Investor Relations website.
Companies that burn cash at a rapid pace can run into serious trouble if they fail to secure funding. Without a clear path to profitability, these businesses...
EchoStar’s stock price has taken a beating over the past six months, shedding 21.7% of its value and falling to $96.48 per share. This may have investors won...
J.P. Morgan just outlined why a SpaceX-Tesla merger could make strategic sense on paper. It also got into why investors shouldn't mistake that for a likely deal.
Over the past six months, EchoStar’s stock price fell to $101.31. Shareholders have lost 8.5% of their capital, which is disappointing considering the S&P 50...
Looking back on media & entertainment stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including EchoStar (NASDAQ:ECHO) and its peer...
With widespread creditor support, DISH DBS and DISH Wireless move forward with a comprehensive agreement to pay down debt early, providing enhanced strategic flexibility for future initiatives without impacting operations or customers.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the media & entertainment industry, including EchoStar (NASDAQ:EC...
Since December 2025, EchoStar has been in a holding pattern, posting a small loss of 1.5% while floating around $104. The stock also fell short of the S&P 50...
