EchoStar Corporation — Financially Speaking

EchoStar Corporation (Nasdaq: SATS) has reported total revenue of $558 million for the quarter ended December 31, 2009, a 12 percent increase compared with $496 million for the corresponding period in 2008. EchoStar reported a net loss of $30 million for the quarter ended Dec. 31, 2009, compared with a net loss of $704 million during the corresponding period in 2008. The diluted loss per share was $0.37 for the quarter ended December 31, 2009, compared with $7.89 during the corresponding period in 2008.

For the year ended December 31, 2009, EchoStar reported total revenue of $1.904 billion compared with $2.151 billion for the year ended December 31, 2008, a decrease of 12 percent. EchoStar’s net income for the year ended December 31, 2009, totaled $365 million, compared with a $958 million loss for the year ended December 31, 2008. The diluted earnings per share was $4.24 for the year ended December 31, 2009, compared with diluted loss per share of $10.73 during the corresponding period in 2008. Detailed financial data and other information are available in EchoStar’s Form 10-K for the annual period ended December 31, 2009, filed with the Securities and Exchange Commission.