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EchoStar (SATS) Is Down 10.5% After Huge 2025 Loss And Going Concern Warning - What's Changed
EchoStar Corporation recently reported full-year 2025 results showing revenue of US$15.00 billion, down from US$15.83 billion a year earlier, alongside a sharply higher net loss of US$14.50 billion and basic and diluted loss per share from continuing operations of US$50.41, compared with US$0.44 previously.
On the same day, auditor KPMG issued an unqualified opinion with a going concern warning in EchoStar’s 10-K, highlighting serious doubt about the company’s ability to remain financially...