Jeffrey Tarr, CEO of DigitalGlobe, said Thursday the company generated double-digit revenue growth in part due to expansion in its U.S. and government businesses worldwide, as well as integration programs.
The earth observation and geospatial services provider posted $67.9 million in adjusted earnings before interest, taxes, depreciation and amortization for the first quarter.
“In the quarter, we also scaled our Tomnod crowdsourcing platform — enabling more than 8 million volunteers to aid government customers in the search for Malaysia Airlines Flight MH370, ” added Tarr.
DigitalGlobe’s first quarter revenue in its U.S. government business increased 26 percent from the prior year period to $97.6 million.
Diversified commercial revenue reached $58.9 million for the quarter, up 18 percent from the same period in fiscal 2013.