Echostar (SATS) Narrows 4th Quarter Loss

Echostar Corp. (SATS) reported a 4th quarter 2009 loss of $30.4 million, or 37 cents per share, an improvement on a loss of $703.8 million, or $7.89 per share, for the same quarter a year earlier.

Revenue rose 12% to $558 million, up from $496 million for the same quarter a year earlier.