DISH Network had approximately 11.46 million subscribers as of June 30, 2005.
For the quarter ended June 30, 2005, EchoStar reported total revenue of $2.1 billion, an 18 percent increase compared with $1.78 billion for the corresponding period in 2004.
Net income totaled $856 million for the quarter ended June 30, 2005, compared with net income of $85 million during the corresponding period in 2004. Basic earnings per share was $1.89 for the quarter ended June 30, 2005, compared with basic earnings per share of $0.18 during the corresponding period in 2004. Net income for the quarter ended June 30, 2005, includes a non-recurring, non-cash benefit of approximately $593 million, or $1.31 per basic share, to recognize the tax benefits of previously reported tax losses.
Detailed financial data and other information are available in EchoStar's Form 10-Q for the quarterly period ended June 30, 2005, filed with the Securities and Exchange Commission.
About EchoStar Communications
EchoStar Communications Corporation (NASDAQ: DISH) serves more than 11.4 million satellite TV customers through its DISH Network(TM), and is a leading U.S. provider of advanced digital television services. DISH Network's services include hundreds of video and audio channels, Interactive TV, HDTV, sports and international programming, together with professional installation and 24-hour customer service. EchoStar has been a leader for 25 years in satellite TV equipment sales and support worldwide. EchoStar is included in the Nasdaq-100 Index (NDX) and is a Fortune 500 company. Visit EchoStar's Web site at www.echostar.com or call 800-333-DISH (3474).
EchoStar will host its second quarter 2005 earnings conference call today at noon ET. The call will be broadcast live from EchoStar's Web site, www.echostar.com. The dial-in number is 800-616-6729. To access the webcast of this event, go to www.echostar.com, then select "Investor Relations." A one-time webcast replay of the earnings call will be available on the investor relations page of www.echostar.com on Aug. 9, 2005, at 9 p.m. ET.
EchoStar Communications Corporation
Jason Kiser, 303-723-2210
Steve Caulk, 720-514-5351