EchoStar reported a net loss of $12.78 billion for the third quarter of 2025, a figure that is largely driven by a one‑time, non‑cash impairment charge of $16.48 billion related to the abandonment and decommissioning of portions of its 5G network. After excluding the impairment, the company posted an adjusted earnings per share of $0.83, beating the consensus estimate of a loss of $‑1.23 by $1.06, or 86% of the expected loss. Revenue for the quarter was $3.61 billion, missing the consensus estimate of $3.76 billion by $150 million, or 4% lower than expected.
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