echostar corp-a (SATS) Snapshot

EchoStar Corp. is launching a cloud-based intelligent personal technology management suite, Symbi. The Symbi software-as-a-service product suite enables True Tier Zero problem resolution, service provisioning and live customer/agent interactions for technology-dense households. The solution leverages EchoStar's patented Semantic Knowledge Management System (SKMS), a dynamic intelligence engine that delivers guided content that is filtered and prioritized based on the end user's actual technology environment. Customer service professionals can utilize its intelligent incident management platform. Symbi provides a one-point solution where agents can manage each aspect of customer service and technical support. With Symbi, consumers and call center professionals have a solution that: Proactively speeds diagnosis and resolution of common set-up, service delivery and technical support incidents; Continuously monitors Internet connectivity and offers guided content to assist with device set-up, usage and performance maintenance; Provides service center call deflection and helps to reduce truck rolls. Providers utilizing Symbi will be able to deliver superior customer service extending the consumer lifecycle while achieving operational savings. Symbi also enables service provisioning and creates revenue channels through an on-board eCommerce portal.

EchoStar Corp. Presents at Stephens Spring Investment Conference, Jun-04-2013 11:00 AM. Venue: The New York Palace Hotel, New York, New York, United States.

EchoStar Corp. reported earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total revenue of $795 million compared to $765 million for the corresponding period in 2012. Net income attributable to EchoStar shareholders was $3.5 million and diluted earnings per share was $0.04, compared with $126.6 million and diluted earnings per share of $1.45 during the corresponding period in 2012. EBITDA was $172 million compared to $276 million last year. The declines in EBITDA and earnings were primarily due to approximately $109 million of lower gains from sale of markup securities in 2013 than the company had in the first quarter of 2012. EBIT was $30 million, an increase of 22%, driven by the higher revenue and improved operating margin.