Getty Images Files 8-K on Financials and Reg FD

TL;DR

Getty Images dropped an 8-K on financials & Reg FD. Check it for the latest.

AI Summary

Getty Images Holdings, Inc. filed an 8-K on February 4, 2025, reporting on its Results of Operations and Financial Condition, and a Regulation FD Disclosure. The filing details the company's financial performance and any material information disclosed to the public.

Why It Matters

This filing provides investors with crucial updates on Getty Images' financial health and any recent disclosures, impacting investment decisions.

Risk Assessment

Risk Level: medium — 8-K filings often contain material information that can significantly impact a company's stock price, requiring careful investor attention.

Key Players & Entities

• Getty Images Holdings, Inc. (company) — Registrant
• February 4, 2025 (date) — Date of Report
• 605 5th Ave S. Suite 400 Seattle, WA 98104 (address) — Principal Executive Offices
• 001-41453 (identifier) — SEC File Number

FAQ

Key Financial Figures

• $1.05 billion — ies with the dollar equivalent of up to $1.05 billion of replacement term loan term facilitie
• $244 million — venue is expected to be in the range of $244 million to $250 million Full Year 2024 Reve
• $250 million — d to be in the range of $244 million to $250 million Full Year 2024 Revenue is expected
• $936 million — venue is expected to be in the range of $936 million to $942 million Additionally, the Com
• $942 million — d to be in the range of $936 million to $942 million Additionally, the Company expects its

Filing Documents

• gety-20250204.htm (8-K) — 39KB
• 0001628280-25-003574.txt ( ) — 168KB
• gety-20250204.xsd (EX-101.SCH) — 2KB
• gety-20250204_lab.xml (EX-101.LAB) — 22KB
• gety-20250204_pre.xml (EX-101.PRE) — 13KB
• gety-20250204_htm.xml (XML) — 3KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. The information set forth under Item 7.01 below is incorporated by reference into this Item 2.02.

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On February 4, 2025, Abe Investment Holdings, Inc. ("Holdings") and Getty Images, Inc. ("Getty Images" and, together with Parent and Holdings, "Getty" or the "Company" or "we" or "us" or "our"), wholly-owned subsidiaries of Getty Images Holdings, Inc. ("Parent"), launched a process to refinance Getty Images' outstanding senior secured term loan facilities, which are scheduled to mature on February 19, 2026. As part of this effort, Getty Images will seek to amend its existing credit agreement to refinance its existing term loan facilities with the dollar equivalent of up to $1.05 billion of replacement term loan term facilities. The strategic refinancing is intended to, among other things, extend existing term loan maturities. The Company expects the Revenue ranges for the quarter and year ended December 31, 2024 to be as follows: Fourth Quarter 2024 Revenue is expected to be in the range of $244 million to $250 million Full Year 2024 Revenue is expected to be in the range of $936 million to $942 million Additionally, the Company expects its financial performance for each of the remaining measures that it previously issued guidance for to be at or above the high-end of the previously announced ranges. The preliminary estimated financial results presented above are based upon information available to the Company as of February 4, 2025, and have been prepared by and are the responsibility of management. Neither the Company's independent registered public accounting firm nor any other independent registered public accounting firm has audited, reviewed or compiled, examined or performed any procedures with respect to the preliminary estimated financial results, nor have they expressed any opinion or any other form of assurance on the preliminary estimated financial results. These preliminary estimated financial results relating to the quarter and year ended December 31, 2024 are subject to adjustment as a result of the

Forward-Looking Statements

Forward-Looking Statements Certain statements included in this report that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of the words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "project," "forecast," "predict," "potential," "seem," "seek," "future," "outlook," "target" or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity. These statements are based on various assumptions, whether or not identified in this report, and on the current expectations of our management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond our control. These forward-looking statements are subject to a number of risks and uncertainties, including: there is no guarantee that Company will be able to refinance its existing debt, on terms acceptable to the Company or at all; that the preliminary results for the fourth quarter and year ended December 31, 2024 are preliminary and subject to change pending the completion of the Company's quarterly and year ended closing process and review; our inability to continue to license third-party content and offer relevant quality and diversity of content to

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: February 4, 2025 Getty Images Holdings, Inc. By: /s/ Kjelti Kellough Name: Kjelti Kellough Title: Senior Vice President, General Counsel, and Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR