{"id":86527,"date":"2010-08-05T22:17:08","date_gmt":"2010-08-05T14:17:08","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/hughes-reports-healthy-gains-in-2010-second-quarter\/"},"modified":"2010-08-05T22:17:08","modified_gmt":"2010-08-05T14:17:08","slug":"hughes-reports-healthy-gains-in-2010-second-quarter","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/hughes-reports-healthy-gains-in-2010-second-quarter\/","title":{"rendered":"Hughes Reports Healthy Gains in 2010 Second Quarter"},"content":{"rendered":"<p>[08-05-10] <strong>Hughes Communications<\/strong> enjoyed a strong fiscal 2010 second quarter as its adjusted EBITDA increased 29 percent to $52 million, with total revenues climbing 13 percent over the same period in 2009 to $256 million, the company announced in its latest financial results, issued Aug. 4.<br \/>\n&nbsp;&nbsp;&nbsp; Hughes grew its total services revenues by 18 percent in the quarter and added 47,000 gross subscribers, which resulted in a net gain of 15,000 new customers. Hughes also reduced its churn from to 2.3 in 2009 to 2 percent in the second quarter of 2010.<br \/>\n&nbsp;&nbsp;&nbsp; The company\u2019s 2010 second quarter operating income was $18 million, compared to an operating loss of $31 million in 2009, which included a $44 million one-time charge as a result of Chapter 11 filing by <strong>Sea Launch<\/strong>.<br \/>\n&nbsp;&nbsp;&nbsp; Hughes reported $201 million in new orders generated during the quarter, with positive net cash from operating activities at $30 million \u2014 a growth of 54 percent over the second quarter of 2009.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[08-05-10] Hughes Communications enjoyed a strong fiscal 2010 second quarter as its adjusted EBITDA increased 29 percent to $52 million, with total revenues climbing 13 percent over the same period in 2009 to $256 million, the company announced in its latest financial results, issued Aug. 4. &nbsp;&nbsp;&nbsp; Hughes grew its total services revenues by 18 [&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-86527","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/86527"}],"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=86527"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/86527\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=86527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=86527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=86527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}