EchoStar Corporation $(SATS)$ announced its financial results for the second quarter and six months ended June 30, 2025. The company reported total revenue of $3.72 billion for the second quarter and $7.60 billion for the six-month period. EchoStar experienced a net loss attributable to the company of $306 million for the second quarter and $509 million for the first half of 2025. The company highlighted several key business updates. In the Wireless segment, EchoStar saw a net subscriber growth of 212,000, with an improved churn rate of 2.69%, representing a 24 basis point improvement year-over-year. The average revenue per user (ARPU) increased by 4.1% year-over-year, achieving the highest prepaid ARPU in the industry. In the Pay TV segment, the company reported the lowest DISH TV churn rate of 1.29% in over a decade, excluding the pandemic, along with a 3% year-over-year growth in ARPU and increased viewership engagement. In the Broadband & Satellite Services segment, EchoStar increased its enterprise order backlog by 8% to $1.6 billion, primarily through gaining market share in the Aero sector. The company continues to focus on operational efficiencies, customer experiences, and profitable growth investments.
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