Satellite service provider EchoStar posts Q1 earnings

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.

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