DigitalGlobe reports a profit for the fourth quarter

Tue Feb 26, 2013 4:15pm EST

Feb 26 (Reuters) - DigitalGlobe Inc reported a quarterly profit compared with a loss in the previous year, boosted by increased sales of its satellite images to businesses and U.S. intelligence agencies.

DigitalGlobe reported a profit of $17.1 million, or 36 cents per share, in the fourth quarter, compared with a net loss of $27 million, or 58 cents per share, a year earlier.

Revenue rose 28 percent to $125.4 million.

For 2013, the company said it expects revenue of between $635 million and $660 million, including sales from GeoEye, the smaller rival it bought last year.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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