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Getty reports revenue growth of more than 20% for Q3 2005

By Brent Phelps October 21, 2005

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Getty_treasure_chest2Getty Images has just released its financial results from the third quarter of 2005 and is once again claiming revenue growth of more than 20%. “We achieved strong results in the quarter, with record operating income, operating margin and earnings per share,” said Jonathan Klein, Getty Images’ co-founder and CEO. “Our competitive position has never been stronger, and we continue to optimize our business for sustained performance and growth acceleration. We are excited about the accelerated growth rate of our creative imagery business, driven both by volume and price growth, and our resulting market share gains. We also are pleased that our editorial imagery business continues to go from strength to strength. We are carrying our strong momentum into the fourth quarter and are well-positioned for a strong finish to 2005 and a solid 2006.” Getty is predicting $187 million for the fourth quarter and hopes to finish out 2005 with approximately $735 million to $739 million. Click here for the press release.

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