| ENGLEWOOD, Colo.--(BUSINESS WIRE)--Aug. 9,
2005--EchoStar Communications Corporation (Nasdaq:
DISH) reported that its DISH Network(TM)
satellite television service added approximately
225,000 net new subscribers during the second
quarter of 2005. DISH Network had
approximately 11.46 million subscribers as of
June 30, 2005.
For the quarter ended June 30, 2005, EchoStar
reported total revenue of $2.1 billion, an 18
percent increase compared with $1.78 billion for
the corresponding period in 2004.
Net income totaled $856 million for the
quarter ended June 30, 2005, compared with net
income of $85 million during the corresponding
period in 2004. Basic earnings per share was
$1.89 for the quarter ended June 30, 2005,
compared with basic earnings per share of $0.18
during the corresponding period in 2004. Net
income for the quarter ended June 30, 2005,
includes a non-recurring, non-cash benefit of
approximately $593 million, or $1.31 per basic
share, to recognize the tax benefits of
previously reported tax losses.
Detailed financial data and other information
are available in EchoStar's Form 10-Q for the
quarterly period ended June 30, 2005, filed with
the Securities and Exchange Commission.
About EchoStar Communications
EchoStar Communications Corporation (NASDAQ:
DISH) serves more than 11.4 million satellite TV
customers through its DISH Network(TM), and is a
leading U.S. provider of advanced digital
television services. DISH Network's services
include hundreds of video and audio channels,
Interactive TV, HDTV, sports and international
programming, together with professional
installation and 24-hour customer service.
EchoStar has been a leader for 25 years in
satellite TV equipment sales and support
worldwide. EchoStar is included in the
Nasdaq-100 Index (NDX) and is a Fortune 500
company. Visit EchoStar's Web site at
www.echostar.com or call 800-333-DISH (3474).
EchoStar will host its second quarter 2005
earnings conference call today at noon ET. The
call will be broadcast live from EchoStar's Web
site, www.echostar.com. The dial-in number is
800-616-6729. To access the webcast of this
event, go to www.echostar.com, then select
"Investor Relations." A one-time webcast replay
of the earnings call will be available on the
investor relations page of www.echostar.com on
Aug. 9, 2005, at 9 p.m. ET.
CONTACT:
EchoStar Communications Corporation
Investor Relations:
Jason Kiser, 303-723-2210
jason.kiser@echostar.com
or
Media Relations:
Steve Caulk, 720-514-5351
press@echostar.com
SOURCE: EchoStar Communications Corporation |
