Sees FY25 adjusted EBITDA $272M-$290M. “We executed and built momentum throughout the year, culminating in the strong fourth quarter financial performance,” said Jenn Leyden, CFO at Getty Images (GETY). “As we look ahead, our healthy and growing subscription business, strong cash flow generation and improved balance sheet – with our net leverage falling below 4x for the first time in over a decade – positioning us well for 2025.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GETY:
- Getty Images options imply 13.5% move in share price post-earnings
- GETY Earnings this Week: How Will it Perform?
- Strategic Merger Between Getty Images and Shutterstock: A Buy Rating Due to Growth and Synergy Potential
- Getty Images signs photography partnership with NWSL
- Getty Images renews multi-year partnership with UEFA