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EchoStar Corp (SATS.OQ)

SATS.OQ on NASDAQ Stock Exchange Global Select Market

37.90USD
14 Dec 2018
Change (% chg)

$-1.09 (-2.80%)
Prev Close
$38.99
Open
$38.60
Day's High
$38.81
Day's Low
$37.41
Volume
237,663
Avg. Vol
119,967
52-wk High
$62.25
52-wk Low
$34.78

Latest Key Developments (Source: Significant Developments)

EchoStar Announces Financial Results For Three And Six Months Ended June 30, 2018
Tuesday, 7 Aug 2018 

Aug 7 (Reuters) - EchoStar Corp ::ECHOSTAR ANNOUNCES FINANCIAL RESULTS FOR THREE AND SIX MONTHS ENDED JUNE 30, 2018.QUARTERLY EARNINGS PER SHARE $0.12 EXCLUDING ITEMS.QUARTERLY REVENUE $526 MILLION.QUARTERLY EARNINGS PER SHARE $0.80.  Full Article

Inmarsat Says Notes Withdrawal Of Echostar Offer
Friday, 6 Jul 2018 

July 6 (Reuters) - Inmarsat Plc ::WITHDRAWAL OF ECHOSTAR OFFER.BOARD NOTES TODAY'S FURTHER ANNOUNCEMENT BY ECHOSTAR CORPORATION THAT IT DOES NOT INTEND TO MAKE AN OFFER FOR INMARSAT.BOARD REMAINS HIGHLY CONFIDENT IN INDEPENDENT STRATEGY AND PROSPECTS OF INMARSAT.  Full Article

Echostar Says No Intention To Make An Offer For Inmarsat
Friday, 6 Jul 2018 

July 6 (Reuters) - Echostar Corporation ::NO INTENTION TO MAKE AN OFFER FOR INMARSAT.DOES NOT INTEND TO MAKE AN OFFER FOR ENTIRE ISSUED AND TO BE ISSUED SHARE CAPITAL OF INMARSAT.  Full Article

Inmarsat Says Rejected Echostar Proposal As It "Very Significantly" Undervalued Co
Friday, 6 Jul 2018 

July 6 (Reuters) - Inmarsat Plc ::STATEMENT RE POSSIBLE OFFER.STATEMENT REGARDING POSSIBLE OFFER FOR INMARSAT PLC BY ECHOSTAR.BOARD REJECTED PROPOSAL ON 4 JULY 2018 ON BASIS THAT IT VERY SIGNIFICANTLY UNDERVALUED INMARSAT AND ITS STANDALONE PROSPECTS.BOARD REMAINS HIGHLY CONFIDENT IN INDEPENDENT STRATEGY AND PROSPECTS OF INMARSAT.ECHOSTAR IS REQUIRED, BY NOT LATER THAN 5.00 P.M. (LONDON TIME) ON 6TH JULY, TO ANNOUNCE A FIRM INTENTION TO MAKE AN OFFER OR WALK AWAY.  Full Article

Echostar Corp Q3 revenue $481 million
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Echostar Corp :Echostar announces financial results for three and nine months ending September 30, 2017.Q3 revenue $481 million versus I/B/E/S view $477.3 million.Qtrly earnings per share $0.36‍​.Q3 earnings per share view $0.11 -- Thomson Reuters I/B/E/S.  Full Article

‍Hughes Network Systems says signed a contract for $190 million with OneWeb
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Echostar Corp ::Hughes Network Systems says signed a contract for $190 million with OneWeb for production of a ground network system​.  Full Article

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Inmarsat's maritime business drifts as sets solo course

LONDON Inmarsat talked up its prospects as a standalone company after it rebuffed an approach from EchoStar last month but its shares slipped after a lacklustre performance from its maritime business.