EchoStar saw continued wireless subscriber growth and operational gains in Pay-TV, but posted a net loss and lower revenues year-over-year amid higher interest expenses and ongoing investments.

EchoStar's Q4 2024 revenue declined to $3.97 billion from $4.16 billion in Q4 2023, primarily due to continued Pay-TV and broadband subscriber losses. The company posted a net income of $335.23 million, a sharp improvement from the previous year's loss. Wireless subscriber growth and lower churn contributed positively, while Pay-TV continued to see subscriber declines.