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Bender and Chloe, the real Members of the Year
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- Nov 29, 2003
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The company posted a net loss of $454.78 million, compared to net income of $327.83 million in the year-ago period.
For the 3rd Quarter alone, net loss was $141.812 Million.
For the 3rd Quarter alone, net loss was $141.812 Million.
EchoStar Reports $455M Q3 Loss as Revenue Falls; Sling TV Sees Subscriber Growth
EchoStar faces challenging Q3 with $11.86B revenue drop, but sees bright spots in Sling TV's 145K subscriber gain and secures $5.2B financing amid DIRECTV deal talks.
www.stocktitan.net
- Pay-TV: Net Pay-TV subscribers decreased by 43,000 in Q3 2024, an improvement from the 64,000 loss in the year-ago quarter. Sling TV, the company’s streaming service, saw subscriber growth of 145,000.
- Wireless: Retail Wireless subscribers (excluding ACP) increased by 62,000. However, the company experienced a net loss of 297,000 subscribers due to the conclusion of the Affordable Connectivity Program (ACP) funding.
- Broadband Satellite: EchoStar closed Q3 with 912,000 broadband satellite subscribers, a decrease of 43,000. The company attributed the lower loss to the launch of its new Jupiter 3 satellite and increased demand for its new service plans.
Sling TV Added 145,000 New Customers But DISH Continue to Lose Subscribers | Cord Cutters News
EchoStar Corporation the parent company of DISH today announced financial results for the third quarter and nine months ended September 30, 2024, revealing a decline in revenue and a net loss attributed to ongoing industry challenges and strategic shifts. For the nine months ended September 30...
cordcuttersnews.com
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