ENGLEWOOD, Colo., Feb. 27, 2025 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) announced its financial results for the three and twelve months ended December 31, 2024.

Twelve Months Ended December 31, 2024:

EchoStar reported 2024 total revenue of $15.83 billion, compared to $17.02 billion in 2023. The net decrease in revenue primarily resulted from subscriber declines, most significantly in its Pay-TV segment.Net loss attributable to EchoStar in 2024 was $119.55 million, compared to net loss of $1.70 billion in 2023. The net loss in 2024 was positively impacted by a noncash gain totaling approximately $689 million related to our debt exchange offer and the resulting debt extinguishment. The net loss in 2023 was primarily attributable to a noncash impairment to goodwill totaling approximately $758 million, and an adjustment to the carrying value of the 800 MHz purchase option totaling approximately $1.8 billion. Excluding the tax affected impact of the noncash adjustments for 2024 and 2023, the 2024 net loss attributable to EchoStar would have been approximately $664 million and the 2023 net income attributable to EchoStar would have been approximately $361 million. Diluted loss per share was $0.44 in 2024, compared to $6.28 in 2023.Consolidated OIBDA totaled $1.63 billion, compared to $1.32 billion in 2023. (See OBIDA definition and non-GAAP reconciliation below.)

ENGLEWOOD, Colo., Feb. 21, 2025 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) will host a conference call to discuss its fourth quarter and full year 2024 financial results on Thursday, February 27, 2025, at 11:00 a.m. Eastern Time (ET). The conference call will be broadcast live in listen-only mode on EchoStar's Investor Relations website.

To attend the call, please use the information below for dial-in access. When prompted on dial-in, please utilize the conference ID or ask for the "EchoStar Corporation Q4 and Full Year 2024 Earnings Conference Call."

The powerful new member of the iPhone 16 family is available for Pre-Order starting Friday, February 21. 

New Boost Mobile customers can get the new iPhone 16e for $199.99 when they port their number and sign up for Boost's Unlimited Premium plan. 

LITTLETON, Colo., Feb. 20, 2025 /PRNewswire/ -- Boost Mobile, the newest nationwide carrier, will offer iPhone 16e, a new addition to the iPhone 16 lineup, featuring breakthrough battery life, the fast performance of the A18 chip, Apple Intelligence,i and a 48MP 2-in-1 camera system — all at an incredible value. Customers can pre-order the new iPhone 16e starting Friday, February 21. For complete pricing and availability details, please visit BoostMobile.com.

LITTLETON, Colo., Jan. 22, 2025 /PRNewswire/ -- A new era of smartphones is here. Starting today, customers can pre-order the all-new Samsung Galaxy S25 Series – S25, S25+ and S25 Ultra – with the Boost Mobile Infinite Access plan and enjoy up to $1,000 in savings.

"Boost Mobile is excited to bring Samsung's next generation of smartphones to our customers at an unbeatable value," said Sean Lee, SVP of Consumer Product and Marketing, Boost Mobile. "With the Infinite Access plan at just $65 per month, customers can enjoy significant savings of up to $1,000 without the need for trade-ins or additional lines."

LITTLETON, Colo., Jan. 14, 2025 /PRNewswire/ -- Boost Mobile is introducing the Samsung Galaxy A15 5G and Galaxy A16 5G smartphones to its 2025 device lineup, offering customers access to affordable cutting-edge Samsung devices on Boost Mobile's fast and reliable nationwide 5G network. Designed with all the essential features users expect in a Samsung device, the Galaxy A15 5G and Galaxy A16 5G make embracing innovation both accessible and budget-friendly. 

Employees named number one risk to network security, Hughes and Cybersecurity Insiders found

GERMANTOWN, Md., Jan. 14, 2025 /PRNewswire/ -- Hughes Network Systems, LLC, an EchoStar company (Nasdaq: SATS), today released the 2025 State of Secure Network Access Report, exploring how businesses are adapting cybersecurity strategies to combat emerging cyber threats and ensure ubiquitous connectivity in a hybrid world. Critically, employees were highlighted as the No. 1 user group posing the greatest threat to network security—demonstrating the importance of evolving cyber strategies alongside the modern workforce.

Unlock big savings on your wireless plans and tax filing, plus a chance to double your refund

LITTLETON, Colo., Jan. 6, 2025 /PRNewswire/ -- What do Boost Mobile's phone plans and filing your taxes through Liberty Tax have in common? They both help maximize your budget! Boost Mobile and Liberty Tax are bringing big savings this tax season and beyond, including half off one year of service on Boost's best Unlimited plans and 25% off Liberty Tax filing services. 

$6.5M Contract Will Support Open RAN with a RAN Intelligent Controller (RIC) Experimentation for U.S. Department of Defense

DENVER, Nov. 19, 2024 /PRNewswire/ -- EchoStar Corporation, (Nasdaq: SATS) today shared that its subsidiary Hughes Network Systems, LLC, was awarded a $6.5 million contract to deploy a 5G Open Radio Access Network (ORAN) prototype at Fort Bliss in El Paso, Texas. The network will feature a RAN Intelligent Controller (RIC), which will allow the U.S. Department of Defense (DoD) to test RIC-based software applications for military networks. The 5G Open RAN prototype equipment will be installed on Fort Bliss to operate a temporary network for evaluation purposes, which will then transition to serve as part of the Hughes commercial network supporting both DoD and commercial customers in and around Fort Bliss. The project is a joint effort of the U.S. Army, the DoD Chief Information Officer (CIO), and the Office of the Under Secretary of Defense for Research and Engineering (OUSD(R&E)).

Partnership builds on decade-long relationship with 4-H to inspire young people's interest in STEM through engaging, high quality educational content

GERMANTOWN, Md., Nov. 14, 2024 /PRNewswire/ -- Hughes Network Systems, LLC, an EchoStar company (Nasdaq: SATS), today announced a partnership with National 4-H to provide local 4-H, Boys & Girls Clubs, Inc, and YMCA locations based in rural and underserved communities throughout America with STEM Challenge kits. These STEM Challenge kits include innovative hands-on STEM activities for youth looking to expand their knowledge beyond traditional STEM education.

ENGLEWOOD, Colo., Nov. 12, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) announced its financial results for the three and nine months ended September 30, 2024.

Nine Months Ended September 30, 2024:

EchoStar reported total revenue of $11.86 billion for the nine months ended September 30, 2024, compared to $12.85 billion in the year ago period.Net loss attributable to EchoStar in the first three quarters of 2024 was $454.78 million, compared to net income of $327.83 million in the year-ago period. Diluted loss per share was $1.67, compared to earnings per share of $1.06 in the year-ago period.Consolidated OIBDA totaled $1.23 billion for the nine months ended September 30, 2024, compared to $1.69 billion in the year-ago period. (See OIBDA definition and non-GAAP reconciliation below.)