DigitalGlobe Loss In Line With Estimates, Revenue Misses; Reaffirms FY Guidance

(RTTNews) - DigitalGlobe Inc (DGI) on Thursday reported first-quarter net loss of $5.9 million or $0.08 per share compared with a loss of $0.6 million or $0.01 per share last year.

Revenues for the quarter grew 8.2% to $169.4 million from $156.5 million in the prior year.

Analysts polled by Thomson Reuters estimated a loss of $0.08 per share on revenues of $171.2 million for the quarter. Analysts' estimates typically exclude special items.

For the full year 2015, the company still expects revenues of f $725 million to $750 million, while analysts expect $736.8 million.

DigitalGlobe provides commercial high-resolution earth observation and advanced geospatial solutions.