Shutterstock (SSTK) Tops Q1 EPS by 28c; raises guidance

Shutterstock (NYSE: SSTK) reported Q1 EPS of $1.29, $0.28 better than the analyst estimate of $1.01. Revenue for the quarter came in at $215.3 million versus the consensus estimate of $211.45 million.

GUIDANCE:

Shutterstock sees FY2023 EPS of $4.00-$4.10, versus the consensus of $4.03. Shutterstock sees FY2023 revenue of $844-853 million, versus the consensus of $849.4 million.

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

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