EchoStar Communications [Nasdaq:DISH] Tuesday reported 2003 first-quarter revenues of $1.36 billion, a 23 percent increase from $1.1 billion for the same period in 2002. The company’s earnings before interest, taxes, depreciation and amortization (EBITDA) totaled $277 million, an improvement of $100 million compared to $177 million during the January-March period a year ago. Free cash flow from operations totaled $125 million for the quarter, an improvement of $36 million for a year ago.

EchoStar’s net income totaled $58 million for first quarter, compared to a net loss of $35 million for the same period last year. Earnings per share for the quarter were 12 cents, compared to a loss per share of 20 cents a year ago..

For a more in-depth analysis of EchoStar’s financial results, see the May 12 issue of SATELLITE NEWS. For more information on subscriber to PBI Media’s satellite publications, check out our Web site at https://www.satellitetoday.com.