{"id":86506,"date":"2010-08-10T21:47:52","date_gmt":"2010-08-10T13:47:52","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/echostar-expenses-rise-dramatically-in-second-quarter\/"},"modified":"2010-08-10T21:47:52","modified_gmt":"2010-08-10T13:47:52","slug":"echostar-expenses-rise-dramatically-in-second-quarter","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/echostar-expenses-rise-dramatically-in-second-quarter\/","title":{"rendered":"EchoStar Expenses Rise Dramatically in Second Quarter"},"content":{"rendered":"<p>[08-10-10] <strong>EchoStar Corp. r<\/strong>eported a 57.4 percent increase in its 2010 second quarter revenue over the same period in 2009 at $603 million but suffered a net loss of $41 million, the company announced in its latest financial results, issued Aug. 9.<br \/>\n&nbsp;&nbsp;&nbsp; EchoStar blamed the net loss on a 48 percent increase in expenses, spending $571.7 in operating costs during the quarter. The company generated a net income of $101.8 million in the same period a year ago.<br \/>\n&nbsp;&nbsp;&nbsp; EchoStar CEO and President Mike Dugan said the company spent more money than usual in the second quarter to break into the European cable TV set-top box market and launch new satellites for its sister company, <strong>Dish Network<\/strong>.<br \/>\n&nbsp;&nbsp; Dish Network, which reported a 9.1 percent increase in revenues at $3.17 billion, also lost about 19,000 subscribers during the quarter, finishing with a total of 14.3 million subscribers. <br \/>\n&nbsp;&nbsp;&nbsp; The U.S. pay-TV provider also generated a net income of $257 million, compared with $63 million during the corresponding period in 2009. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>[08-10-10] EchoStar Corp. reported a 57.4 percent increase in its 2010 second quarter revenue over the same period in 2009 at $603 million but suffered a net loss of $41 million, the company announced in its latest financial results, issued Aug. 9. &nbsp;&nbsp;&nbsp; EchoStar blamed the net loss on a 48 percent increase in expenses, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-86506","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/86506"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=86506"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/86506\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=86506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=86506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=86506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}