Getty Images Q3 revenue up 4.9% to $240.5M; raises FY 2024 outlook

Getty Images Holdings, Inc.

2024-Q3 EPS reported $0.04 revenue$691,963,000

Revenue $240.5M (+4.9% YoY, +5.4% currency neutral); net loss narrowed to $2.5M from $18.4M.
Adjusted EBITDA $80.6M (+0.4% YoY); margin 33.5% vs 35.0% prior year.
Annual subscribers grew nearly 50% YoY; subscriber revenue now 52.4% of total revenue.
Raised 2024 revenue and Adjusted EBITDA guidance; strong performance across Getty Images, iStock, Unsplash+.
Total debt $1.349B; $259.9M liquidity incl. undrawn $150M revolver; $55.2M term loan paydown YTD.

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