DigitalGlobe, Inc. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company's revenue was $192.7 million compared with $181.7 million a year ago. Income from operations was $25.6 million compared with $19.8 million a year ago. Loss before income taxes was $14.0 million compared with income of $14.5 million a year ago. Net loss available to common stockholders was $10.3 million or $0.17 per basic and diluted share compared with net income of $9.2 million or $0.13 per basic and diluted share a year ago. This was primarily as a result of the $35.7 million loss on extinguishment of debt recognized in relation to its debt refinancing in 2016. EBITDA was $54.3 million compared with $93.6 million a year ago. Adjusted EBITDA was $94.4 million compared with $102.4 million a year ago. Net cash flows from operations decreased 5.7% to $86.9 million compared with $92.2 million a year ago.

For the year, the company's revenue was $725.4 million compared with $702.4 million a year ago. Income from operations was $102.1 million compared with $60.8 million a year ago. Income before income taxes was $48.7 million compared with $33.4 million a year ago. Net income available to common stockholders was $21.5 million or $0.34 per basic and diluted share compared with $18.5 million or $0.26 per basic and diluted share a year ago. EBITDA was $329.8 million compared with $342.2 million a year ago. Adjusted EBITDA was $382.7 million compared with $355.7 million a year ago. Net cash flows provided by operating activities was $301.6 million compared with $329.7 million a year ago. Capital expenditures was $192.0 million compared with $163.4 million a year ago. Property and equipment additions were $0.3 million compared with $2.5 million a year ago.

For the year 2017, the company expects revenue in a range of $840 million to $865 million, adjusted EBITDA in a range of $380 million to $395 million, and capital expenditures of approximately $100 million.