GeoEye Reports First Quarter 2012 Earnings Results

 

ADJUSTED EBITDA

(in thousands)







Three Months Ended March 31,



2012


2011


Net income

$ 15,756


$ 12,247


Adjustments:





Interest (income) expense, net

(53)


4,523


Provision for income taxes

9,997


7,424


Depreciation and amortization

17,739


16,726


Non-cash stock-based compensation expense

2,741


2,845


Adjusted EBITDA

$ 46,180


$ 43,765









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