Renewal of multi-year partnership between Getty Images and Formula 1® announced; no specific number provided.

In a recent update, it was revealed that the company's revenue for the third quarter of the year has increased by 15% compared to the same period last year, reaching a total of $8.5 million. This growth was primarily driven by a surge in sales of their newest product line, which saw a 25% increase in demand over the previous quarter. Additionally, the company reported a net profit of $1.2 million for the quarter, marking a 20% increase from last year. The CEO attributed this success to successful cost-cutting measures and an effective marketing strategy that targeted new customer demographics. As a result of these strong financial results, the company's stock price rose by 5% in after-hours trading.