Shock! Alamy Reports Quarter-to-Quarter Revenue Decline

As other stock photo agencies have floundered, Alamy has kept its head high and reported steady growth quarter after quarter. The British agency hosts a massive, unedited photo collection and recently announced an expansion in the U.S. It has shown a willingness to experiment with pricing models (offering lower prices in some situations) in order to appeal to price-conscious buyers.

But in its latest quarterly statement, Alamy is showing that it is not insulated from the economy downturn. Quarter-to-quarter revenue dipped from $8.5 million to $8.2 million in Q3, Alamy says. Alamy notes that currency fluctuations have exaggerated its decline in this quarter. And it still posted 9% year-over-year growth against Q3 '07. But seeing a dip at Alamy is a bit of a shock after so many quarters of continuous growth.