DigitalGlobe Posts Surprise Q2 Profit

(RTTNews) - DigitalGlobe, Inc. (DGI) reported net income for the second quarter of $6.7 million or $0.09 per share, compared to $3.9 million or $0.05 per share for the year-ago quarter.

Revenue for the second quarter rose 12.8% to $178.0 million from $157.8 million a year ago.

Analysts polled by Thomson Reuters expected the company to report a loss of $0.02 per share on revenue of $173.06 million for the second quarter.

The company reiterated its 2015 revenue outlook of $725 million to $750 million. Analysts currently expect the company to post revenue of $735.23 million for the full year 2015.