DigitalGlobe Turns To Profit In Q2; Backs FY14 Revenue Outlook

(RTTNews) - DigitalGlobe, Inc. (DGI) Thursday said second-quarter net income available to common stockholders of $3.9 million or $0.05 per share compared to net loss of $22.0 million or $0.30 per share in the same period last year.

On average, nine analysts polled by Thomson Reuters expected the company to report a loss of $0.02 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 5 percent to $157.8 million from $150.6 million last year, while eight analysts expected revenues of $156.18 million.

Looking ahead to the fiscal 2014, the company continues to project revenues in a range of $630 million to $660 million. Analysts currently expect full-year revenues of $644.38 million.