DigitalGlobe Inc (DGI.N) posted better-than-expected quarterly results largely due to increased sales of its satellite images to businesses and U.S. intelligence agencies.
The company had 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.
Sales at its largest business - defense and intelligence - jumped 29 percent to $90.3 million in the quarter.
Analysts had expected earnings of 27 cents a share on revenue of $111.8 million.
For 2013, the company expects revenue of between $635 million and $660 million, including sales from GeoEye, the smaller rival it bought last year.
Digital Globe shares closed at $27.00 on Tuesday on the New York Stock Exchange after gaining 5 percent during the day.
(Reporting by Mridhula Raghavan in Bangalore; Editing by Sreejiraj Eluvangal)