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EchoStar: 1Q Earnings Snapshot

ENGLEWOOD, Colo. (AP) _ EchoStar Corp. (SATS) on Thursday reported a first-quarter loss of $21.6 million, after reporting a profit in the same period a year earlier.

The Englewood, Colorado-based company said it had a loss of 22 cents per share. Earnings, adjusted for investment costs, came to 16 cents per share.

The seller of set-top boxes and provider of satellite services to Dish Network posted revenue of $501.8 million in the period.

EchoStar shares have dropped 14 percent since the beginning of the year. The stock has declined 12 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SATS at https://www.zacks.com/ap/SATS