Shares of EchoStar Corp. declined 7.3% following the company’s 2Q19 earnings release, reflecting disappointment with the company’s subpar EBITDA performance and one-time charges. Following the decline, shares of EchoStar  are now trading at 4.9x the consensus 2020 EBITDA forecast, which represents a discount to both the stock’s long-term average and its closes peer group competitor Viasat.

Viasat Inc. (NASDAQ: VSAT), reported strong first quarter fiscal year 2020 performance with a year-over-year revenue increase of 22%, net loss decrease of 66% and Adjusted EBITDA growth of 115% for the fiscal first quarter ended June 30, 2019.

Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), today reported its results for the second quarter ended June 30, 2019. Gilat said renues for Q2 2019 totaled $59.7 million compared with US$ 66.5 million for Q2 2018. Its Q2 2019 GAAP operating income increased 17.9% to US$ 4.9 million from US$ 4.1 million in Q2 2018 while Q2 2019 Non-GAAP operating income rose to US$ 6.3 million, or by 10.8% from Q2 2018.

SpaceX’s Falcon 9 rocket successfully lifted off from Space Launch Complex 40 of the Cape Canaveral Air Force Station, Florida, the AMOS-17 satellite for Spacecom (Tel Aviv Stock Exchange: SCC). Liftoff occurred at 7:23 p.m. EDT, or 23:23 UTC and the satellite was deployed approximately 31 minutes after liftoff.

NAGRA, a Kudelski Group (SIX:KUD.S) company and a provider of content protection and multiscreen television solutions, in partnership with MTM, a leading international research and strategy consultancy, today released the key findings of the U.S. edition of the 2019 Pay-TV Innovation Forum.

Communications & Power Industries LLC (CPI) has entered into an agreement to purchase SATCOM Technologies, the antenna systems business of General Dynamics Mission Systems, Inc., a business unit of General Dynamics.

Netgem's board of directors released the company’s half-year financial statements on Wednesday highlighted by revenues of US$14.5 million (€13.1 million), a decline of 9.9% from the previous year’s first half, and a net revenue of US$7.42 million (€7.42 million), a decrease of 4.3% from the previous year. The company posted a net loss of US$2.66 million (€2.4 million) for the first half.

Satellite operator Intelsat S.A. (NYSE: I), reported total revenue of US $ 509.4 million for the three months ended June 30, 2019. But it also posted a net loss of US$ 529.7 million because of a US$ 381.6 million asset impairment charge incurred in the second quarter of 2019 for the total loss of Intelsat 29e satellite in April this year.

This translates to a quarterly loss of $1.05 per share and compares to loss of $0.38 per share a year ago. Yahoo Finance says the quarterly report represents an earnings surprise of -10.53%.

AMOS satellite fleet operator Spacecom has announced that the AMOS-17 satellite is in the final stages of its prelaunch preparation for its scheduled liftoff on August 3.