Getty Images Q3 revenue $230.5M (-2.8% YoY); net loss $149.4M on warrant adjustment

Getty Images Holdings, Inc.

2022-Q3 EPS reported -$0.59 revenue$694,778,000

Revenue $230.5M (-2.8% YoY; +2.8% currency-neutral); Creative $145.2M, Editorial $81.8M.
Net loss $149.4M vs income $15.3M; includes $161.3M loss from warrant liability fair value adjustment.
Adjusted EBITDA $77.7M (-4.8% YoY; +2.2% currency-neutral); margin 33.7% vs 34.4%.
Free cash flow $33.2M vs $31.2M; cash $71.9M; debt $1.399B after $300M term loan paydown.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Getty Images Holdings, Inc. reported the fiscal quarter ended September 30, 2022 results: revenue $230.5 million, net income Net Loss of $149.4 million.

Period: the fiscal quarter ended September 30, 2022
Revenue: $230.5 million
Net income: Net Loss of $149.4 million
Result: reported results

Exact text from the filing

continue to increase. From what we see, we believe we are taking market share based on the quality of our content offering.” Third Quarter 2022 Financial Summary: · Revenue of $230.5 million, down 2.8% year over year. On a currency neutral basis, revenues increased 2.8%. ○ Creative revenue of $145.2 million, down 2.1% year over year and up 3.2% on a currency neutral

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Source: SEC EDGAR

accession 0001104659-22-118635

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