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ENGLEWOOD, Colo. - On Friday, EchoStar Corporation (NASDAQ:SATS) reported second-quarter revenue that missed analyst expectations, despite showing improvement in key wireless metrics.
The satellite and telecommunications company’s shares fell 8.87% in pre-market trading after the announcement.
The company reported revenue of $3.72 billion for the second quarter of 2025, falling short of the $3.82 billion consensus estimate. Adjusted earnings per share came in at -$1.06, worse than the analyst estimate of -$1.01. The revenue represented a decline from $3.95 billion in the same quarter last year.
EchoStar’s wireless segment showed positive momentum with 212,000 net subscriber additions, bringing total wireless subscribers to approximately 7.36 million. The company also reported improved churn of 2.69%, down 24 basis points YoY, and a 4.1% increase in average revenue per user.
"EchoStar performed well in the second quarter and was in line with our high performance expectations," said Hamid Akhavan, president and CEO of EchoStar Corporation. "Our Retail Wireless business continues to make progress and we have now had five consecutive quarters of growth with our Boost Mobile brand."
The company’s Pay-TV segment, which includes DISH TV and Sling TV, generated $2.46 billion in revenue, down from $2.68 billion in the same quarter last year. However, the segment achieved its lowest DISH TV churn (1.29%) in over a decade, excluding the pandemic period, and a 3% increase in ARPU.
The Broadband & Satellite Services segment reported $340 million in revenue, with an 8% increase in enterprise order backlog to $1.6 billion, primarily through gaining market share in the aviation sector.
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