DigitalGlobe, Inc. (DGI) Tuesday reported first-quarter loss of $60.6 million or $0.96 per share, compared to a profit of $3.8 million or $0.08 per share in the same period last year.
On average, 10 analysts polled by Thomson Reuters expected the company to report a loss of $0.49 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues increased 47 percent to $127.6 million from $87.0 million last year. Analysts expected revenues of $136.80 million.
Looking ahead, the company currently projects revenues in a range of $635 million to $660 million, with greater likelihood at the bottom half of the range. Analysts currently expect full-year revenues of $644.94 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.