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EchoStar: 4Q Earnings Snapshot

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ENGLEWOOD, Colo. (AP) _ EchoStar Corp. (SATS) on Tuesday reported fourth-quarter net income of $117,000, after reporting a loss in the same period a year earlier.

The Englewood, Colorado-based company said it had net income of 1 cent per share. Earnings, adjusted for asset impairment costs, came to 2 cents per share.

The seller of set-top boxes and provider of satellite services to Dish Network posted revenue of $489.3 million in the period.

For the year, the company reported that its loss narrowed to $40.2 million, or 41 cents per share. Revenue was nearly unchanged at $1.89 billion.

EchoStar shares have increased 4% since the beginning of the year. The stock has dropped 45% in the last 12 months.

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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