SATS Q2 2024 Earnings — EchoStar Corporation Revenue & Financial Results | Market Cap Arena

SATSEchoStar Corporation

$32B

Q2 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$4.0B-9.3% YoY

Gross Profit

$1.0B26.2% margin

Operating Income

-$65M-1.7% margin

Net Income

-$206M-5.2% margin

EPS (Diluted)

$-0.76

QoQ Revenue Growth

-1.5%

Cash Flow

Operating Cash Flow

$480M

Free Cash Flow

$132M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$55.3B

Total Liabilities

$35.6B

Stockholders' Equity

$19.6B

Cash & Equivalents

$419M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.0B	$4.4B	-9.3%
Gross Profit	$1.0B	$1.4B	-24.9%
Operating Income	-$65M	$252M	-125.9%
Net Income	-$206M	$213M	-196.7%

Revenue Segments

Service revenue

$3.7B95%

Equipment sales and other revenue

$211M5%