SATS Earnings Prediction
The chart below shows how SATS performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SATS sees a +3.88% change in stock price 10 days leading up to the earnings, and a +2.06% change 10 days following the report. On the earnings day itself, the stock moves by -6.54%. This data can give you a slight idea of what to expect for the next quarter's release.
SATS Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
3.89B
841.96%
-1.56%
Gross Margin
12.40%
-61.65%
-7.46%
Operating Margin
-4.13%
-177.20%
150.30%
Net Margin
-3.70%
-2946.15%
-29.52%
EPS
-0.52
-1400.00%
-31.58%
No Data Available
SATS Earnings Analysis
EchoStar Corporation Corporation (SATS.O) Earnings Conference Call
Positive
Quarterly Revenue Performance: Revenue was $3.9 billion in the third quarter, reflecting a strong performance despite a 5% year-over-year decline.
OIBDA Improvement Strategies: OIBDA was $317 million, showing significant improvement driven by cost management initiatives and operational efficiencies.
Pay-TV Cash Flow Contribution: The Pay-TV segment continued to generate significant cash flow during the quarter, contributing positively to overall financial health.
Customer Base Expansion: We grew the Sling TV customer base and improved operational efficiencies, resulting in a more profitable business model.
Strong Liquidity Position: We ended the third quarter with over $2.7 billion of cash and marketable securities, providing a strong liquidity position for future investments.
Negative
Quarterly Revenue Decline: Revenue was $3.9 billion in the third quarter, that's down 5% year-over-year, primarily due to fewer subscribers.
OIBDA Decline Analysis: OIBDA was $317 million, down $49 million year-over-year, driven by higher network operating costs for more sites on air and lower gross margin related to fewer subscribers.
Negative Free Cash Flow: Free cash flow for Q3, which includes our debt service, was negative $219 million, largely driven by cash interest.
Subscriber Growth and Churn: We ended the third quarter with approximately 5.9 million subscribers, with Q3 churn basis points lower than Q3 2023.
Capital Expenditure Reduction: We expect CapEx for the year to be roughly half of what it was in 2023.
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SATS Earning Call Sentiment
EchoStar Corporation (SATS) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
SATS.O
3.79%Positive
The earnings call reveals several challenges: declining revenue and OIBDA, negative free cash flow, and supply chain issues. Although there are positive aspects like debt reduction and slight subscriber growth, the lack of clear guidance and specifics in the Q&A session, combined with the equity issuance, suggest a cautious outlook. The market may react negatively due to the weak financial performance and management's unclear responses.