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GETYQ — Getty Images Holdings News Story

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Getty Images beats Q2 adjusted EPS estimates

Overview

Getty Images Q2 revenue grows 2.5% yr/yr, came largely in-line with analyst expectations

Adjusted EPS for Q2 beats consensus, per LSEG data

Adjusted EBITDA missed estimates

Co reaffirms 2025 revenue and adjusted EBITDA guidance

Outlook

Getty Images reaffirms 2025 revenue guidance of $931 mln to $968 mln

Company expects adjusted EBITDA of $277 mln to $297 mln for 2025

Getty Images forecasts 2025 revenue YoY change of -0.9% to 3.1%

Company anticipates 2025 adjusted EBITDA YoY change of -7.6% to -1.2%

Result Drivers

SUBSCRIPTION GROWTH - Annual subscription revenue grew 3.7%, now accounting for 53.5% of total revenue

EDITORIAL REVENUE - Editorial revenue increased by 5.6% yr/yr, driven by strong demand

FOREIGN EXCHANGE IMPACT - Net loss impacted by $57.2 mln increase in foreign exchange loss due to Euro Term Loan revaluation

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueBeat$234.90 mln$234.80 mln (4 Analysts)
Q2 Adjusted EPSBeat$0.05$0.01 (3 Analysts)
Q2 Net Income-$34.40 mln
Q2 Adjusted EBITDAMiss$68 mln$71.30 mln (4 Analysts)
Q2 Adjusted EBITDA Margin28.9%
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell" The average consensus recommendation for the online services peer group is "buy" Wall Street's median 12-month price target for Getty Images Holdings Inc is $3.50, about 51.7% above its August 8 closing price of $1.69 Press Release: ID:nGNX35DcCD (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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