Financial Outlook for Full Year 2024
The following tables summarize Getty Images' fiscal year 2024 guidance which remains unchanged:
| 2024 Guidance | |
| Revenue | $928 million to $947 million |
| Revenue YoY | 1.3% to 3.3% |
| Revenue YoY, Currency Neutral | 1.0% to 3.0% |
| Adjusted EBITDA | ~$298 million |
| Adjusted EBITDA YoY | ~(1.2)% |
| Adjusted EBITDA YoY, Currency Neutral | ~(1.5)% |
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/3/2023 | $6.00 | Overweight → Neutral | Redburn Atlantic |
| 8/16/2023 | $5.75 | In-line → Outperform | Imperial Capital |
| 5/8/2023 | $6.00 | Neutral | JP Morgan |
| 4/28/2023 | $6.25 | In-line | Imperial Capital |
| 12/22/2022 | $6.00 | Outperform | Wedbush |
| 11/23/2022 | Neutral → Buy | Redburn | |
| 11/15/2022 | $33.00 → $8.00 | Neutral → Buy | Citigroup |
| 10/11/2022 | $9.00 | Hold → Buy | The Benchmark Company |
4 - Getty Images Holdings, Inc. (0001898496) (Issuer)
4 - Getty Images Holdings, Inc. (0001898496) (Issuer)
4 - Getty Images Holdings, Inc. (0001898496) (Issuer)
Redburn Atlantic downgraded Getty Images from Overweight to Neutral and set a new price target of $6.00
Imperial Capital upgraded Getty Images from In-line to Outperform and set a new price target of $5.75
JP Morgan initiated coverage of Getty Images with a rating of Neutral and set a new price target of $6.00
A Media Snippet accompanying this announcement is available by clicking on this link. NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Getty Images (NYSE:GETY), a preeminent global visual content creator and marketplace, today announced a content integration with TikTok to meet the diverse creative needs of marketers and advertisers. The integration allows advertisers and businesses direct access to Getty Images' vast library of creative imagery and video content through TikTok's AI-powered video generation tool, Symphony Creative Studio. By integrating Getty Images' premium creative content directly into TikTok's Symphony Creative Studio, users can effortlessly craft TikTok-first ads a
A Media Snippet accompanying this announcement is available by clicking on this link. NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Getty Images (NYSE:GETY), a preeminent global visual content creator and marketplace, today announced powerful new functionalities within its suite of commercially-safe generative AI tools, enabling businesses of all sizes to streamline the creation of high-quality, customized product imagery. Available on both Generative AI by Getty Images and Generative AI by iStock, the newly launched Product Placement and Reference Image features allow users to generate professional-grade product imagery and creative visuals with unparalleled control and precision,
Revenue Growth of 4.9%, Currency Neutral Growth of 5.4%Corporate, Media, and Agency Customer Categories in GrowthGetty Images, iStock, and Unsplash+ in GrowthAnnual Subscribers Grew Nearly 50%Annual Subscriber Revenue Represents 52.4% of Total RevenueRaises Revenue and Adjusted EBITDA Outlook NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Getty Images Holdings, Inc. ("Getty Images" or the "Company") (NYSE:GETY), a preeminent global visual content creator and marketplace, today reported financial results for the third quarter ended September 30, 2024. "Getty Images reported strong performance in the third quarter, with growth across Getty Images, iStock, and Unsplash+, as well as across all
10-Q - Getty Images Holdings, Inc. (0001898496) (Filer)
8-K - Getty Images Holdings, Inc. (0001898496) (Filer)
144 - Getty Images Holdings, Inc. (0001898496) (Subject)
SC 13D/A - Getty Images Holdings, Inc. (0001898496) (Subject)
SC 13G/A - Getty Images Holdings, Inc. (0001898496) (Subject)
SC 13D/A - Getty Images Holdings, Inc. (0001898496) (Subject)
Revenue Growth of 4.9%, Currency Neutral Growth of 5.4%Corporate, Media, and Agency Customer Categories in GrowthGetty Images, iStock, and Unsplash+ in GrowthAnnual Subscribers Grew Nearly 50%Annual Subscriber Revenue Represents 52.4% of Total RevenueRaises Revenue and Adjusted EBITDA Outlook NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Getty Images Holdings, Inc. ("Getty Images" or the "Company") (NYSE:GETY), a preeminent global visual content creator and marketplace, today reported financial results for the third quarter ended September 30, 2024. "Getty Images reported strong performance in the third quarter, with growth across Getty Images, iStock, and Unsplash+, as well as across all
NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Getty Images Holdings, Inc. ("Getty Images") (NYSE:GETY), a preeminent global visual content creator and marketplace, announced today that the company intends to release its third quarter 2024 results after market close on Thursday, November 7, 2024, followed by a conference call at 4:30 p.m. (Eastern Time) that same day to discuss the company's results. The conference call can be accessed live over the phone by dialing 1-800-717-1738, or for international callers, 1-646-307-1865. An audio replay will be available for two weeks following the call and can be accessed by dialing 1-844-512-2921, or for international callers, 1-412-317-6671. T
Revenue Growth of 1.5%, Currency-Neutral Growth of 2.1%Editorial Business Back in Strong Growth of 4.1%, Currency-Neutral Growth of 4.6%Annual Subscription Revenue Grew 5.2%, Represents 52.9% of Total Revenue NEW YORK, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Getty Images Holdings, Inc. ("Getty Images" or the "Company") (NYSE:GETY), a preeminent global visual content creator and marketplace, today reported financial results for the second quarter ended June 30, 2024. "We returned to growth in the second quarter, with gains across Getty Images, iStock and Unsplash, driven by increased annual subscribers and paid downloads," said Craig Peters, Chief Executive Officer for Getty Images. "Our pa
NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- Getty Images (NYSE:GETY), a preeminent global visual content creator and marketplace, is bringing back its largest creator community events this year with a newly launched event series, Create By Getty Images. Formerly known as iStockalypse, Create By Getty Images is a unique opportunity for exclusive Getty Images and iStock videographers and photographers from around the globe to connect and learn from Getty Images' award-winning creative experts and create high-quality, premium creative content for their portfolios and Getty Images' and iStock's global platforms. Getty Images and iStock will be kicking off the event series with their first
Allurion Technologies, Inc. (NYSE:ALUR), a company dedicated to ending obesity, today announced the appointment of its newest board member and Audit Committee Chair, Milena Alberti-Perez, effective as of March 11, 2024. "Milena joins the Allurion board during an exciting time in the company's history and is a proven and dynamic leader, with deep experience as an operator and board member," said Dr. Shantanu Gaur, Allurion Founder and CEO. "Her perspective and guidance will be invaluable as Allurion furthers its mission to treat the one billion people around the world with obesity." Ms. Alberti-Perez previously served as Chief Financial Officer at Getty Images (NYSE:GETY) and CFO at Peng
NEW YORK, Nov. 14, 2023 /PRNewswire/ -- Omnicom (NYSE:OMC) today announced a first-mover collaboration with Getty Images (NYSE:GETY), that will provide it early access to Generative AI by Getty Images. The new tool pairs Getty Images' best in class creative content with the latest AI technology for a commercially safe and legally indemnified generative AI tool. As part of their Alpha testing program, Omnicom integrated the tool into Omni, Omnicom's open operating system. By combining the tool with Omni's data, agency teams will be able to safely create on-brand content that h
Shutterstock Inc. (NYSE:SSTK), a well-known platform for images and videos, has entered into a partnership with Reka AI, a startup specializing in large language models. The financial terms were not disclosed. As part of this partnership, Reka will license Shutterstock’s extensive library of digital visual assets to assist in developing frontier-class multimodal language AI models. In addition to continued investment in human-created metadata, Shutterstock expects to leverage Reka’s multimodal models to augment details and improve the metadata attached to its library of digital assets. The licensing business with AI firms generated $104 million in revenue last year, CEO Paul J. Henn