GeoEye, Inc (GEOY) – Tepid Q1 Financial Results may Hide Value
GeoEye, Inc (NASDAQ: GEOY) is the premier provider of earth imagery solutions to national security customers, resellers, and commercial and strategic partners. These customers use GeoEye products to provide military and national security analysis, urban planning, environmental monitoring (oceans, forests and other agricultural analyses), and fish and wildlife monitoring. The company provides its data through two satellites, two airplanes, and several network stations. It also boasts extensive data analysis capabilities. In early May, the company released Q1 2008 financial results and discussed them in a related conference call. While actual revenue beat estimates by around $1 M, earnings were somewhat…
