EchoStar Reports Third Quarter 2007 Financial Results

 

ENGLEWOOD, Colo., Nov 9, 2007 (PrimeNewswire via COMTEX News Network) -- EchoStar Communications Corporation (Nasdaq:DISH) reported total revenue of $2.79 billion for the quarter ended September 30, 2007, a 12.9 percent increase compared with $2.48 billion for the corresponding period in 2006.

Net income totaled $200 million for the quarter ended September 30, 2007, compared with $140 million during the corresponding period in 2006. Basic earnings per share was $0.45 for the quarter ended September 30, 2007, compared with basic earnings per share of $0.31 during the corresponding period in 2006.

EchoStar's DISH Network(r) service, the nation's third largest pay-TV provider, added approximately 110,000 net new subscribers during the third quarter of 2007, ending the quarter with approximately 13.695 million subscribers.

Detailed financial data and other information are available in EchoStar's Form 10-Q for the quarterly period ended September 30, 2007, filed with the Securities and Exchange Commission.

About EchoStar Communications

EchoStar Communications Corporation (Nasdaq:DISH) has been a leader for more than 27 years in satellite TV equipment sales and support worldwide. The Company's DISH Network(r) provides more than 13.695 million satellite TV customers with industry-leading customer satisfaction which has surpassed major cable companies for seven years running. DISH Network customers also enjoy access to a premier line of award-winning Digital Video Recorders (DVRs), hundreds of video and audio channels, the most International channels in the U.S., industry-leading Interactive TV applications, Latino programming, and the best sports and movies in HD. DISH Network offers a variety of package and price options including the lowest all-digital price in America, the DishDVR Advantage Package, high-speed Internet service, a free upgrade to the best HD DVR in the industry, and six months free of DishHD. 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.

The EchoStar logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3707

EchoStar will host its Third Quarter 2007 earnings conference call on Monday, Nov. 12 at noon ET. The dial-in number is (800) 616-6729.

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