EchoStar Corporation (SATS) Shares Dip After Q3 Earnings Miss Estimates

EchoStar Corporation (SATS) saw its shares decline on Tuesday after reporting a third-quarter loss that missed analyst expectations. The company also reported a decrease in pay-TV subscribers, although Sling TV saw an increase. Despite the challenges, EchoStar highlighted its focus on customer acquisition and retention, as well as its transformative transactions in the wireless and pay-TV industries.

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