|
|
|
|
|
|
|
||||
|
|
Three months ended |
||||||||
|
|
March 31, |
||||||||
|
|
2020 |
|
2019 |
||||||
($ millions) |
|
|
|
|
|
|
||||
Revenues |
|
|
|
|
|
|
||||
Earth Intelligence |
|
$ |
|
271 |
|
|
$ |
|
254 |
|
Space Infrastructure |
|
|
132 |
|
|
|
210 |
|
||
Intersegment eliminations |
|
|
(22 |
) |
|
|
(33 |
) |
||
Total revenues |
|
$ |
|
381 |
|
|
$ |
|
431 |
|
The Company analyzes financial performance by segment, which combine related activities within the Company.
|
|
|
|
|
|
|
||||
|
|
Three months ended |
||||||||
|
|
March 31, |
||||||||
|
|
2020 |
|
2019 |
||||||
Adjusted EBITDA: |
|
|
|
|
|
|
||||
Earth Intelligence |
|
$ |
|
133 |
|
|
$ |
|
125 |
|
Space Infrastructure |
|
|
(39 |
) |
|
|
(2 |
) |
||
Intersegment eliminations |
|
|
(7 |
) |
|
|
(4 |
) |
||
Corporate and other expenses |
|
|
(10 |
) |
|
|
(20 |
) |
||
Adjusted EBITDA 1 |
|
$ |
|
77 |
|
|
$ |
|
99 |
|
1 This is a non-GAAP financial measure. Refer to section “Non-GAAP Financial Measures” in this earnings release. |