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News & Press: Colorado Technology Industry

DigitalGlobe Hails "Extraordinary Year'

Wednesday, February 27, 2013   (0 Comments)
Posted by: Julie Chiron
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DigitalGlobe hails 'extraordinary year'

ByBeth Potter - February 27, 2013

LONGMONT - Satellite imagery company DigitalGlobe Inc. reported a net profit of $17.1 million in the fourth quarter of 2012, driven in large part by a government contract with the National Geospatial Intelligence Agency.

For all of 2012, the Longmont-based company (NYSE: DGI) reported a net profit of $39 million, according to its latest earnings report. The 2012 company profits compared positively with a net loss of $27 million in the fourth quarter of 2011 and a net loss of 28.1 million for that year.

Read more at BCBR.

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