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Benzinga
Benzinga
Business
Triveni Kothapalli

EchoStar Books $16 Billion Write‑Down After Mega Spectrum Deals With Musk And AT&T

Echostar ,Editorial.,Echostar,Is,A,Worldwide,Provider,Of,Satellite,Communication

EchoStar Corp. (NASDAQ:SATS) on Thursday posted its third-quarter financial results, which fell short of street estimates.

The company reported an adjusted loss of $1.58 per share, wider than the analyst consensus estimate of a $1.21 loss.

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