{"id":84006,"date":"2011-11-02T22:31:17","date_gmt":"2011-11-02T14:31:17","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/geoeye-sees-overall-revenues-stall-in-third-quarter-lowers-mid-year-guidance\/"},"modified":"2011-11-02T22:31:17","modified_gmt":"2011-11-02T14:31:17","slug":"geoeye-sees-overall-revenues-stall-in-third-quarter-lowers-mid-year-guidance","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/geoeye-sees-overall-revenues-stall-in-third-quarter-lowers-mid-year-guidance\/","title":{"rendered":"GeoEye Sees Overall Revenues Stall in Third Quarter; Lowers Mid-Year Guidance"},"content":{"rendered":"<p>[11-02-11] Earth imagery solutions provider <b>GeoEye<\/b> generated revenues of $85.8 million in the third quarter of 2011, which was 7.7 percent below its consensus estimates and caused management to lower its full-year guidance, according to the company\u2019s latest financial results issued Nov. 1.<br \/>\n&nbsp; &nbsp;GeoEye\u2019s imagery revenues declined 4.8 percent from the same period last year to $63.5 million, but improved 3.1 percent from second quarter 2011. The company\u2019s production revenues increased 18.4 percent to $16.2 million, but were down approximately 40 percent on an organic basis. GeoEye\u2019s U.S.-based revenues increased 1.9 percent to $63.7 million from the third quarter of last year, but saw International revenues decline 7.8 percent to $22.1 million in the same timeframe.<br \/>\n&nbsp; &nbsp;GeoEye management lowered its mid-year revenue guidance for 2011 by 5.6 percent from $370 million to between $348 million and $355 million. GeoEye also confirmed it received two production orders last week valued at $25 million. The new orders should improve the company\u2019s near-term production visibility, GeoEye said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[11-02-11] Earth imagery solutions provider GeoEye generated revenues of $85.8 million in the third quarter of 2011, which was 7.7 percent below its consensus estimates and caused management to lower its full-year guidance, according to the company\u2019s latest financial results issued Nov. 1. &nbsp; &nbsp;GeoEye\u2019s imagery revenues declined 4.8 percent from the same period last [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-84006","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/84006"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=84006"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/84006\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=84006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=84006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=84006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}