Sensors and Systems
Breaking News
Africa-EU Space Cooperation: e-GEOS leads training activities for the African Space Agency
Rating12345 AESPP strengthens collaboration between the European Union and...
Alex Lane appointed new Business Area President for Sweco UK
Rating12345 Alex Lane takes up the position as new...
Saint Louis University relaunches geospatial initiative with mission to become national leader
Rating12345ST. LOUIS — Saint Louis University has relaunched its...

November 9th, 2010
GeoEye Reports Strong 2010 Third Quarter Results

  • Rating12345

GeoEye, Inc. announced today strong revenue results for its fiscal third quarter ended Sept. 30, 2010. “For the third quarter, we delivered strong revenue growth, operating margins and adjusted EBITDA results,” said Matt O’Connell, chief executive officer and president. “The recent award of a ten-year EnhancedView contract by the National Geospatial-Intelligence Agency (NGA), worth up to $3.8 billion, provides us with excellent revenue visibility for the next few years. We are also pleased by the support of the financial community, as we were able to raise approximately $200 million in the past few months. These monies enhanced our financial flexibility and will enable us to continue to grow in the future. We are well positioned to execute on the NGA EnhancedView contract and pursue our other strategic growth opportunities.” 
www.geoeye.com