# EchoStar Corporation

Type: Company

Source: GetYourBrief — https://getyourbrief.com/entity/echostar-corporation
Canonical HTML page: https://getyourbrief.com/entity/echostar-corporation

## Timeline

- **2026-08-07**: EchoStar announces quarterly earnings — EchoStar reports EPS of $24.12, exceeding the consensus estimate of -$0.02 by $24.14. Revenue of $3.58 billion falls slightly short of the $3.59 billion estimate.
- **2026-06-05**: CEO Hamid Akhavan sold 52,586 shares — The sale was executed under a pre-arranged Rule 10b5-1 trading plan at $121.00 per share, totaling $6,362,906, reducing his ownership by 5.73%.
- **2026-03-02**: EchoStar Strategic Pivot — Management confirms shift to SpaceX/Starlink for direct-to-device business strategy.
- **2026**: Expected Spectrum Sale — Anticipated closure of EchoStar's spectrum sale and acquisition of SpaceX equity stake.
- **2025-12-31**: Plug Power Louisiana Ramp — Commissioning and ramping of the Louisiana hydrogen plant completed to support operational leverage.
- **2025-10-01**: ADT Multifamily Divestiture — ADT sold its multifamily business, impacting RMR by $2.6 million but streamlining focus.

## Recent coverage (2 stories, network-wide)

### EchoStar EPS Beats by $24.14, But Revenue Dips 4%—What’s Behind the Surge?
2026-08-08 14:14:29 · Sector: finance · Sentiment: Neutral · Impact: 5/10 · Sources: 2

EchoStar reported a massive $24.12 EPS versus expected -$0.02, topping estimates by $24.14. Revenue of $3.58B missed the mark slightly and fell 4% year-over-year. The divergence raises questions about earnings quality, while an insider stock sale by the CEO adds caution.
Full story: https://getfinancebrief.com/story/echostar-earnings-q2-2026-eps-beat-revenue-decline

### EchoStar Pivots to SpaceX Alliance as Hydrogen Infrastructure Scales for 2026
2026-03-03 00:14:17 · Sector: space · Sentiment: Neutral · Impact: 6/10 · Sources: 11

EchoStar is aggressively restructuring its balance sheet through strategic spectrum sales while deepening its operational reliance on SpaceX for direct-to-device satellite capabilities. Simultaneously, Plug Power and Ameresco report record growth in hydrogen and resilient energy infrastructure, signaling a shift toward decentralized power for critical defense and space facilities.
Full story: https://getspacebrief.com/story/echostar-spacex-alliance-hydrogen-infrastructure-2026

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