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Earnings Call Summary | Getty Images(GETY.US) Q2 2024 Earnings Conference

Earnings Call Summary | Getty Images(GETY.US) Q2 2024 Earnings Conference

業績會總結 | Getty Images(GETY.US) 2024年第二季度業績會
富途資訊 ·  08/13 01:59  · 電話會議

The following is a summary of the Getty Images Holdings, Inc. (GETY) Q2 2024 Earnings Call Transcript:

下面是Getty Images Holdings,Inc. (GETY) 2024年Q2業績會議電話交流摘要:

Financial Performance:

金融業績:

  • Getty Images reported Q2 revenue of $229.1 million, up year-on-year by 1.5% and 2.1% on a currency-neutral basis.

  • Adjusted EBITDA for the quarter was $68.8 million, down 5.4% on a reported basis and 4.7% currency-neutral, with a margin of 30%.

  • Free cash flow increased to $31.1 million from $27.9 million in Q2 2023.

  • Getty Images報告Q2營業收入爲2.291億美元,同比增長1.5%,貨幣中性基礎上增長2.1%。

  • 該季度調整後EBITDA爲6880萬美元,相對報告基礎下降5.4%,貨幣中性下降4.7%,毛利率爲30%。

  • 自由現金流從2023年Q2的2,790萬美元增加到3,110萬美元。

Business Progress:

業務進展:

  • Expanded the Getty Images iStock and Unsplash brands with significant growth in paid downloads centered on exclusive content.

  • Launched an updated model of commercially safe Generative AI services in partnership with NVIDIA, enhancing visual quality and speed.

  • Strengthened the foundation for future growth with a specific focus on annual subscriptions, which now compose 52.9% of total revenue.

  • 通過重點關注獨家內容付費下載的顯着增長,擴展了Getty Images iStock和Unsplash品牌。

  • 與NVIDIA合作推出更新的商業安全生成AI服務模型,提高了視覺質量和速度。

  • 通過具體關注年度訂閱,並佔總營收的52.9%,加強了未來增長的基礎。

Opportunities:

機會:

  • Strategic partnerships with major brands and ongoing innovation in AI technology provide opportunities for enhanced service offerings and revenue growth.

  • Expansion of editorial revenue spurred by coverage of major events such as the Summer Olympics and global political election cycles.

  • 與主要品牌的戰略合作和人工智能技術的不斷創新爲增強服務提供和營業收入增長提供了機會。

  • 編輯收入的擴大受到全球政治選舉週期和夏季奧運會等重大活動報道的推動。

Risks:

風險:

  • Continued softness in agency and production customer segments, impacting video and creative revenue streams.

  • Potential slow recovery from post-Hollywood strike impacts could delay expected accelerations in H2 2024.

  • 代理和製作客戶細分繼續疲軟,影響視頻和創意收入流。

  • 因好萊塢罷工的影響而出現潛在的緩慢復甦,這可能會延遲H2 2024年的預期加速。

More details: Getty Images IR

更多詳情:Getty Images IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

提示:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。

譯文內容由第三人軟體翻譯。


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