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 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.