Google acquisition a 'mild negative' for DigitalGlobe, says JPMorgan JPMorgan views Google's (GOOG) acquisition of satellite imagery provider Skybox Imaging as a "mild negative" for DigitalGlobe (DGI) longer term as Google will be able to compete with DigitalGlobe for certain commercial and civil government applications. The firm does not expect the deal to impact DigitalGlobe's direct revenue from Google over the near term given the recent contract extension. It has a Neutral rating on shares of DigitalGlobe.
News For DGI From The Last 14 Days
Check below for free stories on DGI the last two weeks.
DigitalGlobe still sees 2014 revenue $630M-$660M, consensus $644.4M The company expects to achieve a full-year Adjusted EBITDA margin of approximately 43% with a Q4 Adjusted EBITDA margin of 50%. The company also expects 2014 capital expenditures of approximately $170M.