EchoStar Reports Second Quarter 2007 Financial Results
DISH Network Now the Nation's Third Largest Pay-TV Provider
ENGLEWOOD, Colo., Aug 10, 2007 (PrimeNewswire via COMTEX News
Network) --
EchoStar Communications Corporation (Nasdaq:DISH) reported total
revenue of $2.76 billion for the quarter ended June 30, 2007, an
11.9 percent increase compared with $2.47 billion for the
corresponding period in 2006.
Net income totaled $224 million for the quarter ended June 30,
2007, compared with $169 million during the corresponding period
in 2006. Basic earnings per share was $0.50 for the quarter
ended June 30, 2007, compared with basic earnings per share of
$0.38 during the corresponding period in 2006.
EchoStar's DISH Network(r) service added approximately 170,000
net new subscribers during the second quarter of 2007, ending
the quarter with approximately 13.585 million subscribers to
become the nation's third largest pay-TV provider.
Detailed financial data and other information are available in
EchoStar's Form 10-Q for the quarterly period ended June 30,
2007, filed with the Securities and Exchange Commission.
About EchoStar Communications
EchoStar Communications Corporation (Nasdaq:DISH) has been a
leader for more than 26 years in satellite TV equipment sales
and support worldwide. The Company's DISH Network(r) is the
fastest-growing pay-TV provider in the country since 2000 and
currently serves more than 13.585 million satellite TV
customers. DISH Network offers a premier line of
industry-leading Digital Video Recorders (DVRs) and hundreds of
video and audio channels as well as the most national HD and
International channels in the U.S., Interactive TV, Latino and
sports programming. DISH Network also provides a variety of
package and price options including the lowest all-digital price
in America and the DishDVR Advantage Package. EchoStar is
included in the Nasdaq-100 Index (NDX) and is a Fortune 300
company. Visit
www.echostar.com or call 1-800-333-DISH (3474) for more
information.
EchoStar will host its Second Quarter 2007 earnings conference
call today at noon ET. The dial-in number is (800) 616-6729.
The EchoStar logo is available at
http://www.primenewswire.com/newsroom/prs/?pkgid=3707
This news release was distributed by PrimeNewswire,
www.primenewswire.com
SOURCE: EchoStar
EchoStar Communications Corporation
Investor Relations Contact:
Jason Kiser
303-723-2210
jason.kiser@echostar.com
Press Contact:
Kathie Gonzalez
720-514-5351
press@echostar.com