Wednesday, May 23, 2012
   
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News on GIS, GNSS, spatial information, remote sensing,
mapping and surveying technologies for Asia – ASM

DigitalGlobe Posts Q1 Loss, Sees Weak 2011

DigitalGlobe Inc reported first-quarter loss in-line with Wall Street view, and the satellite imagery provider cut its 2011 forecast to largely below market expectations. The company, which supplies satellite imagery to U.S. intelligence agencies, now sees 2011 earnings of 10-20 cents a share on revenue of $330-$355 million, down from prior earnings forecast of 20-40 cents a share on revenue of $345-$365 million. Read More

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