DigitalGlobe Posts Q2 Loss

(RTTNews) - DigitalGlobe Inc. (DGI) Tuesday second-quarter net loss of $22.0 million or $0.30 per share, compared to net income of $9.6 million or $0.21 per share last year.

On average, nine analysts polled by Thomson Reuters expected the company to report a loss of $0.25 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues for the quarter rose to $150.6 million from $101.8 million last year. Analysts estimated revenues of $147.62 million for the quarter.

Looking forward to the full year, the company said it outlook remains unchanged at revenues of $635 million to $660 million, with greater likelihood at the bottom half of the range. Analysts currently expect full-year revenues of $617.65 million.