Shutterfly (SFLY) Misses Q3 EPS by 22c

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Shutterfly (SFLY) Announces New CFO Mike Pope Along with 3Q Results; Baird Reiterates Outperform

October 28, 2015 8:47 AM EDT

Baird reiterated an Outperform rating and $55.00 price target on Shutterfly Inc. (NASDAQ: SFLY) following the company's 3Q15 earnings results. Shutterfly reported a solid quarter, with revenues and adjusted EBITDA of $167.5M (+18% Y/Y) and ($4.4M), above consensus of $166M and ($10.5M), respectively.... More