Getty Images Stock Climbs On Better-Than-Expected Q4 Report: Details

Getty Images Holdings, Inc. GETY released its fourth-quarter results after Monday's closing bell. Here's a look at the details from the report.

The Details: Getty Images reported quarterly earnings of six cents per share, which beat the analyst consensus estimate of four cents. Quarterly revenue came in at $247.3 million, which beat the analyst consensus estimate of $246.31 million and is an increase over revenue of $225.94 million from the same period last year.

For the fourth quarter, Getty Images reported:

Creative revenue of $142.4 million, down 2.4% year over year and down 3.1% on a currency neutral basis.
Editorial revenue of $90.1 million, up 19.0% year over year and 17.7% on a currency neutral basis.
Annual Subscription Revenue as a percentage of total revenue grew to 54.9% up from 53.8% in the fourth quarter of 2023.
Fourth Quarter Annual Subscriber Revenue growth of 11.8%.
Annual Subscriber Revenue represents 54.9% of total revenue in the fourth quarter.

“In 2024, we returned to full-year growth, driven by our premium content, industry-leading talent, and deep partnerships,” said Craig Peters, CEO at Getty Images.

“As we mark our 30th anniversary, we remain focused on investing in our core assets, expanding our exclusive content and leveraging our unique expertise to drive sustainable customer value. Our performance in 2024 is a testament to the resilience of our business and our ability to evolve in a dynamic market, and we believe positioning us for lasting success in the decades ahead,” Peters added.

Outlook: Getty Images sees fiscal 2025 revenue in a range of $918 million to $955 million, versus the $954.66 million estimate and adjusted EBITDA in a range of $272 million to $290 million.

GETY Price Action: According to data from Benzinga Pro, Getty Images Holdings shares are up 4.65% after hours at $2.25 after gaining 5.39% in regular trading Monday.

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