Getty Images Rises on Strong Q4 Earnings, But 2025…
From Financial Modeling Prep: 2025-03-18 13:04:00
Getty Images Holdings (NYSE:GETY) shares rose over 1% intra-day on better-than-expected Q4 earnings fueled by robust editorial revenue growth and higher annual subscription contributions. However, 2025 guidance fell short of expectations, tempering enthusiasm. Adjusted EPS was $0.06, beating forecasts of $0.05, with revenue up 9.5% to $247.3 million.
Editorial revenue surged 19% to $90.1 million, and annual subscription revenue accounted for 54.9% of total sales, up from 53.8% last year, showing strong customer retention. Despite strong quarterly results, 2025 revenue projection of $918-$955 million missed the $958.7 million consensus estimate, raising growth concerns.
Q4 net income was $24.7 million, down from $39.1 million in Q4 2023, impacted by a $45.9 million foreign exchange gain. Full-year 2024 revenue increased 2.5% to $939.3 million, with net income nearly doubling to $39.5 million from $19.6 million in 2023.
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