DigitalGlobe (NYSE: DGI ) reported earnings on Oct. 31. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), DigitalGlobe beat expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share grew significantly.
Gross margins dropped, operating margins expanded, net margins expanded.
DigitalGlobe booked revenue of $107.2 million. The eight analysts polled by S&P Capital IQ expected to see net sales of $97.4 million on the same basis. GAAP reported sales were 32% higher than the prior-year quarter's $81.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.18. The eight earnings estimates compiled by S&P Capital IQ anticipated $0.19 per share. GAAP EPS of $0.18 for Q3 were much higher than the prior-year quarter's $0.02 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 79.9%, 210 basis points worse than the prior-year quarter. Operating margin was 15.6%, 710 basis points better than the prior-year quarter. Net margin was 7.9%, 650 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $111.1 million. On the bottom line, the average EPS estimate is $0.31.
Next year's average estimate for revenue is $399.0 million. The average EPS estimate is $0.90.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 91 members out of 97 rating the stock outperform, and six members rating it underperform. Among 21 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 21 give DigitalGlobe a green thumbs-up, and give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on DigitalGlobe is outperform, with an average price target of $23.33.