EchoStar 2nd-Qtr Profit Falls 34% as Costs Increase (Update3)

[SatelliteGuys Reporter]

Sales rose 26 percent. Net income fell to 85.3 million or 18 cents a share from 128.8 million or 26 cents a year earlier Englewood Colorado- based EchoStar said in a filing with the U.S. Securities and Exchange Commission. Sales rose to 1.78 billion. EchoStar's revenue rose as it added 340 000 new subscribers during the quarter.

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