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Investing.com -- Getty Images, a leading supplier of stock photos, has revealed its preliminary revenue for the fourth quarter of the year, which is expected to be between $244 million and $250 million, versus the consensus of $244.9 million.
In addition to announcing its Q4 revenue, Getty Images also shared information about its refinancing plans. The company, in conjunction with Abe Investment, has initiated a process to refinance its outstanding senior secured term loan facilities, which are due on February 19, 2026.
As part of this process, Getty Images plans to modify its existing credit agreement to refinance its current term loan facilities. The refinancing will involve the dollar equivalent of up to $1.05 billion of replacement term loan facilities.
As for the full year revenue, Getty Images estimates it to be between $936 million and $942 million. This is a slight adjustment from its previous forecast, which predicted a range of $934 million to $943 million.
Furthermore, Getty Images anticipates that its financial performance for each of the remaining measures it previously issued guidance for will be at or above the high-end of the previously announced ranges.
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