Digitalglobe, Inc. (DGI) Tops Q2 EPS by 11c

Digitalglobe, Inc. (NYSE: DGI) reported Q2 EPS of $0.09, $0.11 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $178 million versus the consensus estimate of $173.06 million.

Digitalglobe, Inc. maintians FY2015 revenue of $725-750 million, versus the consensus of $735.23 million.

“We are pleased with our second quarter results, with revenue growth in line with expectations and better-than-expected adjusted EBITDA and free cash flow,” said Jeffrey R. Tarr, DigitalGlobe CEO. “While top-line growth may be somewhat moderated in the second half relative to our original expectations, we still expect revenue to grow at a double-digit rate driven by new capacity, new products and new customers. This growth, combined with our continued focus on operational excellence, should enable us to deliver continued margin expansion, strong free cash flow and improving returns that will contribute to the creation of shareowner value.”

For earnings history and earnings-related data on Digitalglobe, Inc. (DGI) click here.

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