Shutterstock (SSTK) Tops Q3 EPS by 8c

Shutterstock (NYSE: SSTK) reported Q3 EPS of $0.40, $0.08 better than the analyst estimate of $0.32. Revenue for the quarter came in at $123.1 million versus the consensus estimate of $127.58 million.

Key Operating Metrics

• Paid downloads increased 8%
• Revenue per download increased 5%
• Image collection expanded 61% to 102.7 million images
• Video collection expanded 64% to 5.4 million clips

GUIDANCE:

Shutterstock sees FY2016 revenue of $495-510 million, versus the consensus of $504.5 million.

For earnings history and earnings-related data on Shutterstock (SSTK) click here.

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• C.H. Robinson acquires DeSpir Logistics for $75 million
• Stifel Reiterates Buy Rating on FedEx (FDX) Ahead of Q4 Earnings