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Net income of EchoStar 2021-2023
In 2023, EchoStar reported a net loss of 1.7 billion U.S. dollars, a sharp contrast with their net income of 2.5 billion U.S. dollars in the previous two years, respectively. The primary reasons for the net loss were a non-cash impairment to goodwill and an adjustment to the carrying value of the 800 MHz spectrum purchase option.