DigitalGlobe, Inc. (DGI) Tuesday reported a profit for the fourth quarter of $17.1 million or $0.36 per share, compared to a loss of $27.0 million or $0.58 per share in the same period last year.
The latest quarter results were helped by the absence of debt extinguishment charges and higher revenues from the year-ago period.
On average, 10 analysts polled by Thomson Reuters expected the company to earn $0.27 per share for the quarter. Analysts' estimates typically exclude special items.
Meanwhile, revenues totaled $125.4 million, up 28 percent from $97.7 million last year. Analysts expected revenues of $111.81 million.
Looking forward to 2013, the company expects revenue tom range between $635 million and $660 million. The Street expects the company to record revenues of $449.74 million for 2013.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.