DigitalGlobe Inc. Reports 60% Advance In Q2 Profit

(RTTNews) - DigitalGlobe Inc. (DGI) revealed earnings for its second quarter that advanced from last year.

The company said its bottom line advanced to $10.7 million, or $0.17 per share. This was higher than $6.7 million, or $0.09 per share, in last year's second quarter.

Analysts had expected the company to earn $0.06 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.4% to $175.5 million. This was down from $178.0 million last year.

DigitalGlobe Inc. earnings at a glance:

-Earnings (Q2): $10.7 Mln. vs. $6.7 Mln. last year. -Earnings Growth (Y-o-Y): 59.7% -EPS (Q2): $0.17 vs. $0.09 last year. -EPS Growth (Y-o-Y): 88.9% -Analysts Estimate: $0.06 -Revenue (Q2): $175.5 Mln vs. $178.0 Mln last year. -Revenue Change (Y-o-Y): -1.4%

-Guidance: Full year revenue guidance: $680 - $705 Mln