ENGLEWOOD, Colo. (AP) — ENGLEWOOD, Colo. (AP) — EchoStar Corp. (SATS) on Tuesday reported a loss of $141.8 million in its third quarter.
On a per-share basis, the Englewood, Colorado-based company said it had a loss of 52 cents.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 28 cents per share.
The seller of set-top boxes and provider of satellite services to Dish Network posted revenue of $3.89 billion in the period, which also missed Street forecasts. Four analysts surveyed by Zacks expected $3.95 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SATS at https://www.zacks.com/ap/SATS
