EchoStar (NASDAQ:SATS) reported its Q1 earnings results on Thursday, May 5, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
EchoStar beat estimated earnings by 194.44%, reporting an EPS of $1.06 versus an estimate of $0.36.
Revenue was up $18.95 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.66 which was followed by a 7.9% increase in the share price the next day.
Here's a look at EchoStar's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.39 | 0.34 | 0.07 | -0.04 |
| EPS Actual | -0.27 | 0.38 | 0.41 | 0.84 |
| Revenue Estimate | 507.60M | 493.85M | 479.20M | 466.90M |
| Revenue Actual | 498.64M | 504.66M | 499.83M | 482.58M |
To track all earnings releases for EchoStar visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
