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DigitalGlobe, Inc. Posts a Surprise Profit Ahead of Its MDA Combination

TheMotleyFool

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DigitalGlobe, Inc. Posts a Surprise Profit Ahead of Its MDA Combination

DigitalGlobe (NYSE: DGI) released second-quarter 2017 results Thursday after market closed, posting strong revenue growth and a surprise profit as its merger with MacDonald, Dettwiler & Associates (TSX: MDA) remains on track to close in the coming months.

Of course, the price of DigitalGlobe stock is tied primarily to the terms of its merger agreement. But in the meantime, let's take a closer look at how DigitalGlobe ended the first half of the year, as well as what investors can expect from the company going forward.

IMAGE SOURCE: DIGITALGLOBE.

Source: Fool.com