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Getty reveals loot earned in Q2

By Brent Phelps July 27, 2005

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Getty_treasure_chestOk, ok... I am sure nobody is surprised that industry leading Getty Images is making piles and piles of money. Just to drive the point home that Getty is still in charge, here are the highlights from yesterday's report of earnings for the second quarter of 2005. Getty is reporting $185.3 million in revenue, a 23 percent increase over the same quarter in 2004. Earnings per share increased to $0.53 ($0.50 was predicted) from $0.41 the year before. Getty also reported that the Digital Vision and Photonica acquisitions are now completely integrated. CEO Jonathan Klein was quoted as saying "This quarter is quite possibly the best quarter in our 10-year history". Of course, all of this cash makes one believe that Getty will continue shopping for new wholly-owned content.

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