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May 04, 2008

Getty Images Disclose Quarterly Earnings

Getty Images, which is the world’s largest provider of stock photography, shared their first quarter earnings, which were a disappointment according to the company. According to Getty, first-quarter net income was $23.9 million, or 40 cents a share, down from $38.0 million, or 63 cents a share, in the year-ago period. The drop in the quarterly earnings is attributed to  high taxes and high operating costs.

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