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LITTLETON, Colo. — EchoStar Communications Corp. returned to profitability in the second quarter, reaping more revenue from a growing subscriber base.
EchoStar , the second-largest satellite-to-home broadcaster after Hughes Electronics Corp. on Thursday reported net income of $2.1 million, or break-even on a per-share basis, compared with a loss of $133.1 million, or 28 cents a share, a year earlier.
The results soundly beat Wall Street’s expectations. Analysts were looking for a loss of 10 cents a share, according to Thomson Financial/First Call.
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