Orbimage Holdings Inc., which does business under the name Geoeye, will amend its second and third quarter 2005 financial statements, the company announced March 30. The changes to the quarters ending June 30 and Sept. 30 will reflect adjustments in the company’s accounting related to an interest rate swap agreement Orbimage entered into in June.

“Although this accounting change for our interest rate swap results in the need to restate our financials to adjust to the ‘mark to market’ method, it does not change the economics of the transaction, just accounts for it differently without any cash implications,” Henry Dubois, Orbimage’s chief financial officer, said in a statement.