Sensors and Systems
Breaking News
GMV hosts the 5th IAA International Conference on Space Situational Awareness to address the sustainability and safety of the space environment
Rating12345 The conference brought together experts from around the...
Quantum Solutions’ Q.Fly Water Named “Water Tech Solution of the Year” By CleanTech Breakthrough
Rating12345 Market Intelligence Organization Recognizes Standout Companies Advancing Next-Generation...
Magnasoft Appoints Rebecca Lasica as Chief Executive Officer
Rating12345 Industry veteran with deep expertise in geospatial, energy,...

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