Echostar Communications Corp. posted a profit of $140 million on revenues of $2.5 billion in the 2006 third quarter, the company announced Nov. 7.

In 2005’s third quarter, the satellite-TV provider recorded a profit of $209 million on revenues of $2.1 billion. The company posted a non-cash gain of $73 million in the quarter to recognize the tax benefits of previously reported tax losses.

Echostar’s Dish Network gained about 295,000 net new subscribers during the 2006 third quarter to close the period with 12.8 million subscribers.