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An update from Getty Images Holdings ( (GETY) ) is now available.
On February 4, 2025, Getty Images announced the initiation of a refinancing process for its senior secured term loan facilities, aiming to replace them with up to $1.05 billion in new term loan facilities. This strategic move is intended to extend the maturity of their loans, initially set to mature in February 2026. Additionally, Getty Images provided preliminary financial results for the fourth quarter and full year 2024, expecting revenues to fall in the range of $244 million to $250 million for the quarter and $936 million to $942 million for the year. The company anticipates financial performance at or above the high-end of previously announced guidance ranges. These figures are preliminary and subject to change upon completion of an audit.
More about Getty Images Holdings
Getty Images Holdings, Inc. is involved in the visual content industry, providing high-quality imagery and video content to various sectors. The company focuses on offering comprehensive media solutions to businesses and creative professionals worldwide.
YTD Price Performance: 20.85%
Average Trading Volume: 2,495,112
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.05B
Find detailed analytics on GETY stock on TipRanks’ Stock Analysis page.