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Getty Images Swings to Q4 Earnings, Revenue Declines; 2024 Sales Guidance Set -- Shares Surge After Hours
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Getty Images Swings to Q4 Earnings, Revenue Declines; 2024 Sales Guidance Set -- Shares Surge After Hours
Mar 14, 2024 2:06 PM

04:42 PM EDT, 03/14/2024 (MT Newswires) -- Getty Images ( GETY ) reported Q4 earnings late Thursday of $0.09 per diluted share, compared with a net loss of $0.06 a year earlier.

Analysts polled by Capital IQ expected the company to break even.

Revenue for the quarter that ended Dec. 31 was $225.9 million, down from $231.5 million a year earlier.

Analysts surveyed by Capital IQ expected $219.4 million.

The company said it expects full-year 2024 revenue of $928 million to $947 million. Analysts polled by Capital IQ expect $940.5 million.

Shares of the company traded nearly 9% higher in after-hours activity.

Price: 5.6, Change: +0.45, Percent Change: +8.74

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