DigitalGlobe Inc. (DGI) reported that its third-quarter net income increased to $14.6 million from $14.3 million last year. Earnings per share was $0.32, flat with prior year.
On average, 9 analysts polled by Thomson Reuters expected the company to report profit of $0.25 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue increased to $71.8 million from $66.8 million last year. Analysts expected revenue of $68.03 million for the quarter.
The company revised its full year 2009 outlook. Full year 2009 total revenue is expected to be between $278 million and $283 million compared with the previous expectation of between $267 million and $277 million.
Full year 2009 earnings per share are expected to be between $1.00 and $1.05 compared with the previous expectation of between $0.80 and $0.90.
The company also announced the extension of the estimated useful life of its QuickBird satellite by eighteen months. The company said the satellite will continue to be an important part of its constellation through May 2012.
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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.