The Guardian
trending topics
Close Box

Our news

Yes, it’s true: We are joining GigaOM...


Earnings

Earnings: Getty Images Q4 Revs Up 7 Percent; Net Income Slips On Tax Rate

  • Comments Comments (View)
  • Text Size: A A

Stock photo company Getty Images (NYSE: GYI), which recently said it was pursuing strategic alternatives, has reported Q4 revenue of $218 million, up 4 percent year-over-year from $203.6 million. Excluding benefits from currency changes, revenue only grew 1 percent. Net income went the other way, falling 7 percent to $28.5 million ($.48 per share) from $30.9 billion ($.51 per share), as the company faced a higher tax bill. The company said it saw growth in micro payment revenue and digital distribution, which was offset by weakness in its traditional creative still business. For the full year, revenue was up 6 percent to $858 million, helped by 38 percent growth in editorial imagery via its acquisition of Mediavest. For the coming year, the company is calling for revenue of $900 million, which would be growth of just under 5 percent.

SEE ALSO: Getty Images Confirms Search For Strategic Alternatives

Release | Webcast (Call at 5:00 PM ET)

Feb 2, 2008 12:30 PM ET

Posted In: Money, Earnings, getty images

(Page 1 of 1)


The Bestsellers

From iTunes and YouTube to Facebook and Kindle, the most popular content on the web, free and paid.

Last.fm Songs Last.fm Songs
See The Other Bestsellers »

Jobs RSS Job Listings

Social Standing

Which media brands are getting a lift from Tweeters and bloggers right now -- and which are getting panned?

"Sentiment" Scores for All the Companies »

Sponsors

Staff