secwatch.observer — SEC 8-K summary
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Issuer:     Getty Images Holdings, Inc. (GETY)
CIK:        0001898496
Form:       8-K
Filed at:   2024-03-14T23:59:59+00:00
Accession:  0001628280-24-011247
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Getty Images Q4 revenue $225.9M (-2.4% YoY); net income swings to $39.1M
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- Q4 revenue $225.9M down 2.4% YoY; creative revenue up 0.5%, editorial down 7.9% owing to Hollywood strikes.
- Net income $39.1M in Q4 vs net loss $23.3M a year ago; includes $58M tax benefit and $20M unrealized loss on euro loan.
- Full year 2023 revenue $916.6M (-1.0% YoY); Adjusted EBITDA $301.4M, margin unchanged at 32.9%.
- Annual Subscription Revenue rose to 54.5% of total Q4 revenue from 50.2% a year earlier.
- Cash $136.6M, total debt $1.401B; free cash flow $18.6M in Q4, flat with prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1898496/000162828024011247/0001628280-24-011247-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1898496/000162828024011247/gety-20240314.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-011247

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer