Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Getty Images Earnings: What To Look For From GETY

GETY Cover Image

Visual content marketplace Getty Images (NYSE: GETY) will be reporting earnings tomorrow after market close. Here’s what to look for.

Getty Images beat analysts’ revenue expectations by 0.5% last quarter, reporting revenues of $247.3 million, up 9.5% year on year. It was a softer quarter for the company, with a significant miss of analysts’ EPS estimates and full-year revenue guidance missing analysts’ expectations.

Is Getty Images a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Getty Images’s revenue to grow 5.7% year on year to $235 million, a reversal from the 5.7% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.08 per share.

Getty Images Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Getty Images has missed Wall Street’s revenue estimates four times over the last two years.

Looking at Getty Images’s peers in the digital media & content platforms segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Vimeo’s revenues decreased 1.8% year on year, beating analysts’ expectations by 1.6%, and Stride reported revenues up 17.8%, topping estimates by 3.6%. Vimeo traded down 10.1% following the results while Stride’s stock price was unchanged.

Read our full analysis of Vimeo’s results here and Stride’s results here.

There has been positive sentiment among investors in the digital media & content platforms segment, with share prices up 9.1% on average over the last month. Getty Images is up 17.4% during the same time and is heading into earnings with an average analyst price target of $4.88 (compared to the current share price of $1.89).

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