ENGLEWOOD, Colo. — EchoStar Corp. on Thursday reported earnings of $91.4 million in its first quarter.
The Englewood, Colorado-based company said it had net income of $1.06 per share. Earnings, adjusted for investment gains, came to 32 cents per share.
The company, which sells set-top boxes and provides satellite services, posted a revenue of $501.5 million in the period.
During industry meetings this week, program managers will hear from companies about capabilities they're developing to address tactical ISR capability needs.
“It’s just going to take us a little bit longer than we thought,” John Sherman, the Pentagon's chief information officer, said in a March briefing.
Multiple media organizations use Maxar’s satellite imagery in their reporting, notably to show activity in Ukraine as it defends itself against a Russian invasion.
Telesat expects full-year revenue in the range of $568.4 million to $584.2 million.
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