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Tag Archives: Matt O’Connell

GeoEye CEO Matt O’Connell: Budget Uncertainty Led to DigitalGlobe Merger

GeoEye‘s (NASDAQ: GEOY) decision to sign a merger agreement with DigitalGlobe (NYSE: DGI) was prompted by uncertainty over funding for a GeoEye contract with the National Geospatial-Intelligence Agency, GeoEye CEO Matt O’Connell told the Washington Business Journal. In an interview with reporter Jill Aitoro, O’Connell estimated the 10-year, $3.8 billion ...

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GeoEye 2011 Revenues Grow 5%

GeoEye (NASDAQ: GEOY) released its third quarter financial results on Nov. 1, 2011. The company reported it has generated $259.6 million in revenue in the nine months ending Sept. 31, a 4.8 percent increase over the the $247.8 million it reported for the prior year period. “We renewed our service level agreement with ...

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GeoEye Expands Portfolio; Buys Geospatial Analytics Firm SPADAC

GeoEye (Nasdaq: GEOY) has reached a deal to purchase SPADAC Inc. for $46 million in cash and stock. SPADAC focuses on geospatial predictive analytics. Following move, SPADAC will function as a wholly owned subsidiary named GeoEye Analytics. “GeoEye is pleased to welcome SPADAC’s highly skilled employees to our team,” GeoEye ...

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GeoEye Names Chris Tully SVP, Sales

GeoEye, Inc. (Nasdaq: GEOY) has appointed of Chris Tully to the newly created position of senior vice president of Sales. He will report directly to the Company’s chief executive officer and president and have responsibility for the overall management, organizational vision and strategic direction of GeoEye’s sales organization. “We are ...

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GeoEye Unveils 2009 Financial Numbers

According to GeoEye, total revenues for the calendar year that ended Dec. 31, 2009 were $271.1 million, an 84.9 percent increase from $146.7 million in the calendar year which ended Dec. 31, 2008. The Company’s adjusted EBITDA for the calendar year that ended Dec. 31, 2009 was $132.2 million, an ...

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