SATS Q1 2024 Earnings — EchoStar Corporation Revenue & Financial Results | Market Cap Arena

SATSEchoStar Corporation

$32B

Q1 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$4.0B-8.5% YoY

Gross Profit

$1.1B27.3% margin

Operating Income

-$15M-0.4% margin

Net Income

-$107M-2.7% margin

EPS (Diluted)

$-0.40

QoQ Revenue Growth

-74.4%

Cash Flow

Operating Cash Flow

$451M

Free Cash Flow

-$68M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$55.6B

Total Liabilities

$35.7B

Stockholders' Equity

$19.8B

Cash & Equivalents

$614M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.0B	$4.4B	-8.5%
Gross Profit	$1.1B	$1.4B	-22.1%
Operating Income	-$15M	$353M	-104.3%
Net Income	-$107M	$254M	-142.4%

Revenue Segments

Service revenue

$3.8B95%

Equipment sales and other revenue

$195M5%